As the Bitcoin Spot ETF comes closer, it looks like it might be a GO. There’s just this ONE thing that bothers me…Gary. SEC caught lying for 3 years straight! Corruption at the highest levels.

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    49 Comments

    1. I have had the CI Galaxy Bitcoin ETF (one of the Canadian spot Bitcoin ETFs, managed by Mike Novogratz's Galaxy Digital) since it was launched in my US Fidelity IRA (I swapped GBTC for it thinking it would track the Bitcoin price better). I have to use a Fidelity International broker to buy it (or sell it) on the Toronto Stock Exchange and it costs about $83 per transaction. I always wondered why US investors didn't buy that while waiting for the SEC to stop playing the fool but must admit I found GBTC easier to trade in and out of. I have real BTC in my Ledger devices too.

    2. I don't cheat when I am losing. I still pay my taxes despite my SS pension being double taxed. Ordinary folk don't get to cheat. But governments and Central Banks do it all the time.

    3. Rob, like most things its not always either / or like you are suggesting with your SEC concern(s). Fiat will still exist with Bitcoin for the foreseeable future. When the Bitcoin EFT's are approved it's not the end of fiat, the world still runs on it and will continue to do so. I'm sure Gary understands this. It just means that when the EFT's are approved those holding Bitcoin will likely have more fiat at their disposal like any other successful investment.

    4. The corruption and lies of the SEC is just a small part of the corruption and criminality of the government as a whole. The main difference is that the SEC is going up against people who have the means to fight back, and thus reveal the SEC (and the government) for what it is.

    5. $CREO ENGINE Gaming studio with games and a doxed team. 800k mc working game out already. Alex Becker bought it and rumors of partnership with Neo Tokyo. Under the radar gem. 💎

    6. Extremely revealing. Gary should be PERSONALLY LIABLE when the SEC acts like this. Either he knew what the SEC did or he should have. He’s quick to take credit; slow to accept blame. This is NOT the sign of a leader!!! FIRE HIM

    7. Love your channel and content but can never get through an entire episode. Too long. Take a play out of CryptosRUs playbook and stop reading articles. Just sum it up in 1 minute or less and move on.

    8. Etf will not be approved,, buy that dip.. We don’t know when war is waged.. we for some reason need attacks on specific dates. Elizabeth Warren will kill 2 powerful narratives required for a pump. She knows what to do. We don’t.

    9. The intertwining of regulatory bodies and influential financial institutions has raised serious concerns among observers. The apparent connections between SEC officials, particularly Gary Gensler, and major players like BlackRock have sparked speculation about potential conflicts of interest. The fear is that decisions made by the SEC may be influenced by powerful financial entities, casting doubt on the fairness and impartiality of regulatory actions.

      The suspicion grows as one contemplates the aftermath of the SEC's involvement in the cryptocurrency space. Some argue that the SEC's actions, perceived as detrimental to the crypto industry, might be a deliberate strategy to pave the way for personal gains in the future. The speculation extends to the possibility of lucrative job opportunities awaiting key figures like Gary Gensler within the ranks of influential firms like BlackRock, once the regulatory storm settles.

      There's a looming sense of urgency among critics who believe that immediate measures, such as the removal or legal action against Gary Gensler and others, are necessary to address what they perceive as corruption within the SEC. The concern is palpable, with a belief that the SEC's integrity is compromised and that decisive actions are required to restore trust in the regulatory process.

      The perceived injustice is heightened by suspicions that certain financial institutions, like BlackRock, may gain preferential treatment when it comes to future developments in the market, such as the launch of spot ETFs. The fear is that even if other entities, like ARK, are more deserving of priority, a corrupt SEC may manipulate the approval process in favor of those with influential connections.

      In this climate of suspicion and distrust, the call for urgent intervention, whether through legal means or immediate removal of implicated figures, reflects a deep-seated worry about the potential erosion of fairness and transparency in financial regulation. The question remains whether the SEC's actions are genuinely in the public interest or if there's a hidden agenda driven by ties to powerful financial entities.

    10. It's been all about the spot ETF for BTC since last cycle. The BTC futures ETF is what helped BTC pump back over ATH on 10/21 but dumped right after the VanEck BTC spot ETF was rejected on 11/22 after being delayed from September and every other applications up to now.

    11. "Breaking news : everything is terrible" 🤣🤣. Thank you Rob it's pleasure to watch your show and look forward to participating in the live chat with you and the community next time ! And if I remember well tonight we have Jerry who will explain the use of the hypercycle AI box. Look forward to watching man ! Thank you Rob ! ❤👍

    12. 0:23: 📈 The video discusses the potential approval of a Bitcoin spot ETF and the impact it may have on the market.
      4:27: 📈 JP Morgan reiterated concerns about the overdone market, but recent surges in Canada's Bitcoin ETFs indicate potential for growth in the United States.
      9:39: 📈 The video discusses top ETF picks and potential market trends.
      14:49: 🔒 The SEC misrepresented information to freeze Debtbox company's assets, leading to a court freezing the company's bank accounts.
      19:21: 📈 The video discusses resistance to Bitcoin and crypto, but ends with a positive note about a price pump.
      25:03: 📈 The video discusses the need for change and empowerment in a bureaucratic system, and the unpredictability of market timing.
      29:41: ⚖️ The video discusses the potential performance and risks of investing in cryptocurrency, particularly in comparison to traditional assets.
      34:42: 📈 Discussion about the potential approval of a spot ETF for Bitcoin and its impact on the market.
      40:00: 💰 The video discusses the idea of taking profits in a fast-growing market.
      45:04: 💼 Discussion about selling properties and the potential of Bitcoin investing.
      50:28: 💰 Discussion about investing in crypto and stocks, as well as charity events and realtor recommendations.
      Recapped using TammyAI

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    14. I took a few courses on AI/machine learning with Naval Postgraduate School and read up on HyperCycle. It's a good idea that fundamentally that makes sense and Ben Goertzel is its chief scientist. But did you look at the tokenomics? Only a couple percent has been released into circulating supply so it's quite inflationary during the vesting period which has been underway since earlier this year. And the price chart shows this. I bought a bunch but sold at break even once I realized this. But am still very interested because I like the idea and am looking for reasons that would convince me the inflation isn't that bad (maybe I'm missing something).

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