Political Crypto Corruption

Cryptocurrency helps all people around the world fight inflation and puts investing on an even playing field.  It gives everyone the opportunity to invest in advancing technologies.

The older I become the more of a conspiracy theorist I have become.  What is really mind-blowing today is that most politicians aren’t even trying to hide their bias.  They sincerely believe that most Americans are not smart enough to look behind the curtain and understand where their motivations come from.

I believe common sense tells us that while governments around the world continue to print money creating massive debt for future generations and the inflation we are experiencing now – there concern is not for people.

Their loyalty is to traditional banking systems, and the Ultra Rich.   When I run across articles, videos, or post that reveal the truth around what government officials and politicians are doing and saying.  I will post them here to keep our readers in the loop.

Gary Gensler is Corrupt


Gary Gensler’s SEC has a clearly-articulated mission: Protect investorsMaintain fair, orderly, and efficient marketsFacilitate capital formation 

Nowhere in the mission of the SEC is there a mandate to “Bully, harangue, and threaten legitimate businessesOpens in a new tab..” Nowhere does it say “Drive innovation offshore and ensure the United States becomes a financial pariahOpens in a new tab..” 

Nowhere does it say “Use arbitrary and capricious interpretations to punish the innocent, while failing to stop calamitous threats and acting long after the factOpens in a new tab..” 

Gensler’s SEC is an abject failure. Investors have not been protected by its actions. They have been harmed. RepeatedlyOpens in a new tab.. Both by his actionsOpens in a new tab., and by his inactionsOpens in a new tab.. Fair and orderly markets are now deeply reactive to the actions of the very agency charged with maintaining them.
(Spot the SEC investor protection action that wiped $40 billion off the market cap of crypto!)

Capital formation?

For years, every SAFT or SAFE agreement has contained a list of proscribed jurisdictions — countries where entrepreneurs simply can’t, or won’t, engage with potential investors. It usually reads: North Korea, Syria, Iran, China, and the United States. 

Gensler’s crusade will not kill crypto. 

It will simply isolate American investors, entrepreneurs, financial institutions and ordinary people who wish to participate in the inevitable, and desirable, future of information and value exchange. This is not just misguided. This is sabotage. And Gensler’s actions will not be fondly-remembered when their true cost is counted in the future. 

Many of us have noted that technology is not a partisan issue. Yet those who enable or tolerate Gensler increasingly appear to be on one side of the aisle, which I predict will prove to be a catastrophic error. 

Whether his political critics on the right will be more friendly when they have the power to act, rather than simply postureOpens in a new tab., is yet to be seen. But as a reminder to both political parties in the United States:

The crypto industry is full of motivated, ambitious, talented, young people. People who build things. People who change things. People who will not forget those who enable Gensler’s ill-conceived attacks on crypto. And people who are very, very well-funded. Very. Well. Funded.—Jon RiceOpens in a new tab.
Number of the Week
1,203Days until Gary Gensler’s term ends.
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Dale Calvert

Dale Calvert is a serial entreprenuer. He started his first business at age 14, a direct mail business out of his parents home. Dale has always believed that wealth is created in front of a trend. This business philosophy lead him into the cryptocurrency space in 2017, He made the decision in 2022, that the cryptocurrency space is where he will be spending the majority of his time.

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