A report finally came out from the White House discussing Bitcoin mining being banned if it can not solve energy concerns. This Bitcoin news comes in the same month that Ethereum is moving from proof of work to proof of stake.

    Bitcoin mining ban – https://decrypt.co/109283/white-house-bitcoin-mining-greener-ban

    Bitcoin ban article – https://www.forbes.com/sites/billybambrough/2022/09/08/limit-or-eliminate-biden-executive-order-triggers-shock-us-bitcoin-ban-proposal-after-radical-ethereum-upgrade-and-wild-crypto-price-swings/

    Bitcoin white house report – https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf

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    *The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

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    44 Comments

    1. Crypto is the worst scam ever. It destroys the evironment wastes resources, drives up energy costs, facilitates scammers and drives up the price of graphics cards and computer hard ware. Just ban it gullible people will lose money but they were going to anyway they just havnt worked out sata clause does not exist yet.

    2. They want to get rid of physical money so they can increase negative interest rates without people running to the bank to withdraw all their money. But crypto is just a huge pain in all of this. That is why they keep pushing to ban it

    3. Its funny that people who are in charge in the USA they don't even know wtf are they talking about they do not know a single thing about money because they themselves refuse to think outside of the box.

    4. Setiap orang membutuhkan lebih dari sekadar upah t stabil secara finansial. Hal terbaik untuk dilakukan dengan uang Anda adalah berinvestasi dengan cara yang benar karena uang yang tersisa untuk ditabung selalu berakhir digunakan tanpa pengembalian

    5. Why do people feel the need to bring negativity to the chat. If you don’t enjoy the content that Dan brings then just move on. Keep on what you’re doing Dan i have been following you for nearly two years now and you are always HONEST and do your best to bring the most accurate information to the table so that we can all make our own informed decisions. Some people thrive off of negativity

    6. Let’s talk about the real shit here… this headline means…. We are losing our control over the citizens and our control over them … money is such a scam

    7. A lot of US Bitcoin miners like Cleanspark are very green. So, hopefully they will allow green energy mining. This would actually be great news for CLSK. They have been anticipating this type of restriction from the US for years. But I agree the US government has no right to restrict people's businesses. If they want to pay for the electricity, that's their right. Government is over reaching big time. One of the many reasons I am 100% against the crazy democratic party.

    8. Well Bitcoin does use more energy than a small country, so that is the issue with Bitcoin, it apparently will never change, never improve, and Bitcoin is not a digital gold, gold is a resource.

    9. It’s too late for that. Trying to ban bitcoin is like playing whack a pole. It is not regionally confined and far too much time and investment into it all over the world makes it impervious to a ban. It’s easier to ban alcohol than it is to ban bitcoin and crypto right now.

    10. Biden's order is bullshit maybe all those motherfuckers in our gov and hollywierd should stop flying on Private Jets that spreads 100 times the carbon of a car this is a power play because they want their hand in your pocket and to be in control they throw a fit

    11. SCREW BIDEN… EASY FIX TO THIS NONSENSE, YOU DO NOT HAVE A PROBLEM WITH PEOPLE LOOSING THOUSANDS NO PROBLEMS AT ALL, BUT WHEN PEOPLE MAKE MONEY BAN IT… KEEP THEM
      POOR

    12. Hi Dan, having trouble with your discord, roles would not assign. Left server now can't find it based on the link from Twitter. Can you by chance reply and include.

    13. Getting rich off crypto is much tougher than it seems.,,i have only been holding crypto but it hasnt been profitable for me. I've also tried trading using some of these youtub videos but no lucks and finding a reliable platform or pro trader also appears to be nearly impossible 😕😕😕

    14. Anyone who is not investing now is missing a great opportunity, imagine investing $400 and receiving $2,300 profits. Ms Helen Walker is the best.🇺🇸🇺🇸🇺🇸

    15. The moment a government says "we do it to protect the people" you can be sure that something will follow that is good for the government but bad for the people

    16. I understand shorts are having a field day, and best to them. But one-day news will come, large brokerage companies that have already committed to the space, as in Black Rock, Schwab and others have been loading up. This will shock the street, and they will take no prisoners; they will have the buying power to create a short panic and the buying power to keep pushing it higher as the shorts buy-in. It won't matter how much you shorted because they have zero empathy for anyone, the goal will be to crush the shorts, raise their asset value and do so while creating wealth for themselves. Some will say this is Hollywood or wishful thinking, but when the largest guys with billions want something, they will take it. They are the guys with the 150-plus foot yachts you should understand their mindset.

    17. <investing in cryptocurrency has always fascinated me, but I fell for so many scammers and I’m really in big loss, I’m left with just $1000 can someone please give a good suggestion on what to do?🙏

    18. Please Don’t be fold, the government want to prefer PoS mechanisms because its easier for them to control a PoS protocol as it less decentralized than PoW.
      For instance, they can use their buy power and their allies to hold the majority of stakes very easily or optionally use what PoS supporters call “social slashing“ to abandon anyone, or even simpler they can manipulate PoS CEOs, dev communities and IPO whales to validate or fork in their best interest.

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