Sen. Cynthia Lummis: There's an appetite to do a statutory framework for digital assets

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  • Опубликовано: 12 янв 2025

Комментарии • 224

  • @WhaleEye-r4e
    @WhaleEye-r4e Месяц назад +44

    God bless Senator Cynthia Lummis.

  • @shisduhos5682
    @shisduhos5682 Месяц назад +64

    Senator Lummis gets it…it is the only way out of this debt mess.

    • @lgrrf
      @lgrrf Месяц назад +1

      Actually, I don't understand how a bitcoin reserve "could be used to reduce the debt significantly", as she says. Can you please explain that?

    • @jdoedoenet
      @jdoedoenet Месяц назад +3

      @@lgrrf Look at the CAGR of BTC and get back to us if you still don't get it.

    • @FAILINGFIAT
      @FAILINGFIAT Месяц назад +2

      @@lgrrf it means that our debt will be backed up, not only by oil gold, a strong military, etc., but it will also be backed by another hard asset

    • @shisduhos5682
      @shisduhos5682 Месяц назад

      @@lgrrf sure, if the us holds enough BTC it can outgrow the debt burden…maybe not in its entirety, but at the very least offset the spending in a way that they can lessen the debt over a long period of time (like she said 20 years or so)

    • @lgrrf
      @lgrrf Месяц назад

      @@jdoedoenet I invest in BTC since January 2016, so I know (maybe longer than you) what the CAGR of BTC is.

  • @TrumpWinsAmerica
    @TrumpWinsAmerica Месяц назад +24

    Cynthia Loomis is a bigger Maxi then I on Bitcoin it takes big courage to put that in a blind trust.

  • @ncprealty3844
    @ncprealty3844 Месяц назад +25

    Senator Lummis is correct, please America show support.

  • @drewcave6227
    @drewcave6227 Месяц назад +21

    God Bless Senator Lummis

    • @Mike-Snoducky
      @Mike-Snoducky Месяц назад

      It’s mind blowing and scary that she is a senator.

    • @danieldobson6284
      @danieldobson6284 Месяц назад

      This crazy proposal of Senator Lummis could cost the taxpayers billions for the benefit of a few uber-wealthy investors. Do not expect the Trump administration to protect the average taxpayer.

  • @xyzpdq11
    @xyzpdq11 Месяц назад +12

    It was a conflict when the entire admin was against bitcoin too

    • @adimchionyenadum2962
      @adimchionyenadum2962 Месяц назад

      Yeah, because all of them were infected by the Cantillon effect.

  • @martinal54321
    @martinal54321 Месяц назад +2

    This lady is a legend, thank you Senator Lumis. 👍

  • @ttabasso
    @ttabasso Месяц назад +27

    how this guy still has a job is why the country is amazing

    • @raypixelz
      @raypixelz Месяц назад +4

      😂 he’s salty as fook

    • @BradGrayable
      @BradGrayable Месяц назад +2

      @@raypixelz Always questioning things... which journalists should but the attitude acts as if he can't stand it that this thing keeps going up. 🤣
      That's one of the things I love about bitcoin. You can tell how much they've studied it just by how they talk/approach it. Bitcoin is the ultimate transparency tool.

    • @jdoedoenet
      @jdoedoenet Месяц назад +5

      He's an absolute clown. And he has cost a lot of investors who listened to him a LOT of missed opportunity.

    • @Bitcoin21M-z4g
      @Bitcoin21M-z4g Месяц назад +2

      @@jdoedoenet Add Jimbo Cramer to that clown list.....and Warren Buffet 🤣 They hate it when the train has left the station and they're not on it !

    • @jdoedoenet
      @jdoedoenet Месяц назад +2

      @@Bitcoin21M-z4g At least they have *some* utility: just do the EXACT OPPOSITE of what they say!
      You'll make a fortune. 🤣

  • @Ryan46
    @Ryan46 Месяц назад +4

    What's that noise in the background at 4:01?

    • @mcconlogue1898
      @mcconlogue1898 Месяц назад +1

      Andrew was making mooing sounds. Weird!

    • @holymacr0
      @holymacr0 Месяц назад

      😂😂😂

  • @incipidsigninsetup
    @incipidsigninsetup Месяц назад +35

    Andrew doesn't get it because he doesn't want to get it. He still thinks this is all tulips.

    • @johnfurr6060
      @johnfurr6060 Месяц назад +5

      He will eventually buy it at the price he deserves.

    • @kakaroto_br2669
      @kakaroto_br2669 Месяц назад +1

      Andrew is such a leftist, disgusting to see him on air. Joe is a legend

  • @alexandervp6180
    @alexandervp6180 Месяц назад +11

    it is a bit scary that they talk about digital assets instead going straight to Bitcoin.

    • @BitcoinerPhilippines
      @BitcoinerPhilippines Месяц назад +3

      I know right. Even commenters arguments are applicable to shitcoins and never bitcoin.

  • @balazsfeher9778
    @balazsfeher9778 Месяц назад +4

    Great and all, but what is that sound at 4:01? :)

    • @sirij8784
      @sirij8784 Месяц назад

      😅😅😅😅 was that a cow farting? When she said cattle

    • @AJ-rm7yy
      @AJ-rm7yy Месяц назад +1

      I think that's Joe

    • @BradGrayable
      @BradGrayable Месяц назад +1

      @@AJ-rm7yy Just relistened. It is Joe sounding like a cow. lolol. I have noticed they do that on CNBC. Joe is a bitcoiner but they love keeping those mics active to catch all that excess noise during a segment.

    • @holymacr0
      @holymacr0 Месяц назад

      😂

  • @brettlj
    @brettlj Месяц назад +35

    It’s too bad Andrew repeatedly wastes airtime by trying to ask “gotcha” questions around bitcoin, rather than genuinely trying to understand it and its significance in the future world

  • @Jindsing
    @Jindsing Месяц назад +8

    a very principled senator

  • @nikol7951
    @nikol7951 Месяц назад +2

    This all sounds good for everyone, however: Cynthia Lummis says the money to fund the purchase of Bitcoin will come from the Federal Reserve, which is not a part of the US government, and is an independent entity. Who's says the Federal Reserve would agree to fund the gov't purchase of Bitcoin?

  • @TrumpWinsAmerica
    @TrumpWinsAmerica Месяц назад +5

    Scared money don't make no money. Andrew you're going to be Poor words from a legend "Michael Sailor"

  • @globalpropertyinvestment
    @globalpropertyinvestment Месяц назад +7

    Amazing. What a difference and a timely antidote to the poison of Elizabeth Warren. This Senator is a gem! 👏🏻👏🏻👏🏻

    • @danieldobson6284
      @danieldobson6284 Месяц назад

      And you are a moron if you think Senator Lummis "is a gem".

  • @mercytomankind9803
    @mercytomankind9803 Месяц назад +7

    Politicians who are ahead of their times. Now that's a rare breed!

  • @中国大妈在美国投资
    @中国大妈在美国投资 Месяц назад +10

    Cynthia ❤she is smart ❤wisdom

  • @REDDAWNN1776
    @REDDAWNN1776 24 дня назад

    Thank you sen lummis for speaking the truth and common sense to help our country and not listen to the FUD from traitors like Andrew RAT SORKIN

  • @HODL.BTC.
    @HODL.BTC. Месяц назад +2

    Went all in BTC including SMSF 2019. I'd like to thank myself 💐

  • @EricCarrJeetKunedo
    @EricCarrJeetKunedo Месяц назад +39

    Andrew still doesn't get it

    • @69pepe420
      @69pepe420 Месяц назад +5

      he does. hes paid to pretend he doesnt get it

    • @gboyuser
      @gboyuser Месяц назад +5

      He is stuck on his bias and it is preventing him to have an open mind

    • @raoulhery
      @raoulhery Месяц назад +1

      and never will !!! 100k

  • @AmeliaWilliams-qb6uy
    @AmeliaWilliams-qb6uy Месяц назад +16

    hello I want to start investing, but i am unsure where to start, do you have any advice or contacts for assistance?

    • @ChrisAnthony-vy6gu
      @ChrisAnthony-vy6gu Месяц назад +12

      It is prudent to seek expert advice when creating a solid financial portfolio due to its complexities

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      @HassanAdisa-sk7wi Месяц назад +10

      The truth is you cannot succeed without a reliable person like Naomi.

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      @Alfrednells-tp6nv Месяц назад +1

      Naomi's distinctive strength is her pragmatic approach,, Setting her apart from other brokers who often set unrealistic goals and fail to deliver.

    • @DrCyrilClearance
      @DrCyrilClearance Месяц назад

      If someone is straightforward and skilled in their work, people will always recommend them. I appreciate her honesty,,

    • @MorganWallenManagement-td3uq
      @MorganWallenManagement-td3uq Месяц назад

      It is wise to seek professional guidance when building a strong financial portfolio due to its complexity.

  • @seeplush8309
    @seeplush8309 Месяц назад

    I don’t get the last part.

  • @RomuloBrito-m9y
    @RomuloBrito-m9y Месяц назад +2

    Did someone imitate a cattle noise when she said she owns cattle?🐄 😅😂

  • @69pepe420
    @69pepe420 Месяц назад +3

    America must lead digital assets to keep our hegemony

  • @ced7103
    @ced7103 Месяц назад +1

    Warren Buffett describes Bitcoin as “rat poison squared.”

  • @musicarroll
    @musicarroll Месяц назад

    People often ask: What's the use case for Bitcoin? Well, what's the use case for IOUs aka Gov Bonds?

  • @Andrew-g2c
    @Andrew-g2c Месяц назад

    "We got off the gold standard a long time ago"...
    Exactly!!! Look what happened.

  • @coverfactory
    @coverfactory Месяц назад +1

    wish we had politicians like you in europe senator loomis ❤

  • @bv102273
    @bv102273 Месяц назад +1

    LFG LUMMIS!! 😂😂

  • @matibor
    @matibor Месяц назад +1

    04:00 wtf

  • @martinezjames83
    @martinezjames83 Месяц назад

    Lummy bae ❤❤❤🎉🎉🎉

  • @RubyRosay-k7q
    @RubyRosay-k7q Месяц назад +11

    75k biweekly changed my mindset and behavior, my goals, my family and l've to say this video has inspired me a lot!!!! ❤️

    • @MarkLewis-v3v
      @MarkLewis-v3v Месяц назад +4

      I'm thinking about beginning my investment journey, but I feel a bit overwhelmed and uncertain. Do you have any friendly tips or suggestions for people I could reach out to for guidance?

    • @RubyRosay-k7q
      @RubyRosay-k7q Месяц назад

      Thanks to my co-worker (Alex) who suggested Mr Mark hutchinson

    • @RubyRosay-k7q
      @RubyRosay-k7q Месяц назад

      He’s a licensed broker, very big in the states 🇺🇸. Though I met him in Texas , I did my research.

    • @ridstrivedi
      @ridstrivedi Месяц назад

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    • @ridstrivedi
      @ridstrivedi Месяц назад

      I got started with a miserly $7000. The results have been mind blowing I must say
      TBH!!

  • @joshrunge2238
    @joshrunge2238 Месяц назад +2

    Hallelujah 👏 👏 👏

  • @adimchionyenadum2962
    @adimchionyenadum2962 Месяц назад

    What is a blind trust if I may ask.

    • @iluvtododrawrings
      @iluvtododrawrings Месяц назад

      It's another party that manages her investment portfolio... so she can make decisions/vote without a conflict of interest. The blind part being she can't view that portfolio or the changes made by that managing party.

  • @Buckaroo801
    @Buckaroo801 Месяц назад

    Her response to conflict is spot on

  • @Realreal12345
    @Realreal12345 Месяц назад +5

    Thank God no one is asking her to divest her cattle! 🐂

  • @carolynnaayem6251
    @carolynnaayem6251 13 дней назад

    3:58 WTF WAS THAT SOUND. mooing or snoring?!?!

  • @stepheneconomy23
    @stepheneconomy23 Месяц назад

    Yeah, Allen

  • @Kai-Musashi
    @Kai-Musashi 8 дней назад

    You won't own BTC because it will go up. You will own BTC because it's a great store of value.

  • @7eamGhast
    @7eamGhast Месяц назад

    How has the broadcasting company not forced him to spend a few hours learning this asset? It makes him seem so foolish and naïve, to ask the type of questions he asks and make the types of statements he’s asked when he’s been in the space for over 2 years now.

  • @7eamGhast
    @7eamGhast Месяц назад +1

    Dump gold for Bitcoin. Nice.

  • @crisfehr
    @crisfehr Месяц назад

    “It’s a conflict.” Nope. It’s a commodity- at least as per your government. People can buy, hold, or sell commodities as they please. It’s not an equity. If they don’t like BTC, they can buy cows or soybeans.

  • @marcw.5492
    @marcw.5492 Месяц назад

    Sorkin shows his left progressiveness every time he has an opportunity to show any positivity that aligns him with any conservative or Republican guest.

  • @terryparish7133
    @terryparish7133 Месяц назад +1

    So if you hold dollars is that a conflict no and neither is Bitcoin!

  • @scottcoachlife5443
    @scottcoachlife5443 Месяц назад

    There's a reason this guy has one black eye. He should have two

  • @ugeneeeohmelboni965
    @ugeneeeohmelboni965 Месяц назад +9

    Andrew is lost. Everyone owns dollar bills too - and everyone in the nation wants those to go up too. It’s a commodity, not a stock, open to everyone. Try and learn something new Andrew.

  • @DebConley-d9j
    @DebConley-d9j Месяц назад +1

    Anybody that would support Pete Hegseth lost my respect I can’t believe her trust anything she says.

  • @Greenfields-px5cs
    @Greenfields-px5cs Месяц назад

    I like this lady , need more of her

  • @jamestunnicliffe1
    @jamestunnicliffe1 Месяц назад

    The U.S. Dollar is issued by the government. They can create unlimited amount and spend it in anything. They could effectively control the price. Bitcoin would be nationalized. Be careful what you wish for.

  • @MA7-h7q
    @MA7-h7q Месяц назад

    Cynthia great input, hope reporters listen, to what they’ve started.

  • @fazotakeiteasy
    @fazotakeiteasy Месяц назад

    Andrew do you own any bitcoin?

  • @AlfredoRenteria-gp5jc
    @AlfredoRenteria-gp5jc Месяц назад +1

    I'm a Bitcoin maxi that is trying my best to understand memecoins. I think it's healthy to explore opposing viewpoints.

    • @LearButler
      @LearButler Месяц назад

      I think what you need is a financial advisor assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

    • @LearButler
      @LearButler Месяц назад

      Evelyn Turner is the advisor that guides me.Her insights, daily signal, and optimal returns are impressive.

    • @melissaziglar6620
      @melissaziglar6620 Месяц назад

      Yeah, Evelyn Turner was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Evelyn Turner. She is my number one source when it comes to crypto and TA.

    • @Stefanie-qj7lw
      @Stefanie-qj7lw Месяц назад

      I am not surprised to find nothing but positivity about Evelyn Turner's signalls because she has it all and you don't loose money following her trades.

  • @DionPaterson
    @DionPaterson Месяц назад

    Are we suggesting that Nancy Pelosi’s position as the greatest ROI trader/investor of all time is under threat?

  • @itsJulianLam
    @itsJulianLam Месяц назад +1

    Wow, that is the perfect response to the question, "Do you own any Bitcoin yourself?". Definitely no conflict of interest here since she has put her Bitcoin in a blind trust.

    • @davidjackson2179
      @davidjackson2179 Месяц назад +1

      I love her answer “I might!” lol “I hope I still do” she sounded so worried like she legit is concerned that it might be gone. That’s a true Bitcoiner right there.

  • @BogartandBacal
    @BogartandBacal Месяц назад

    There might be a glitch in the matrix. What happens when fiat hyperinflates?
    When that happens Bitcoin will be worth what? A million fiat dollars? Two million? Ten? One hundred?
    What happens to price discovery for manufactured goods? Dollars won't buy you anything. Bitcoin SATs will, but how does the economy operate when 90 percent of the population has no Bitcoin or SATs?
    Does Bitcoin itself then hyperinflate? What happens to commodity prices?
    What new hell will we have unleashed upon mankind?

  • @Long_Tail_of_Finance
    @Long_Tail_of_Finance Месяц назад

    sounds like a relatively sensible plan to me.

  • @SUPERMEMECYCLE
    @SUPERMEMECYCLE Месяц назад

    She is #1 senator

  • @larryrob838
    @larryrob838 Месяц назад

    Great information!

  • @TheBitcoinBoomer327
    @TheBitcoinBoomer327 Месяц назад

    I wish Sen. Lummis was a my Texas Senator so we could get rid of the RINO Cornyn!

  • @csmchip-hopmanagement652
    @csmchip-hopmanagement652 Месяц назад

    She rich ass hell of Bitcoin😂😂😂

  • @minahani2174
    @minahani2174 Месяц назад

    Andrew seems workout very well. His pecs look great.. Great for him.

  • @The3rdTower
    @The3rdTower Месяц назад

    Trying to attack the senator will not work, because Bitcoin is already making its mark across the entire planet.

  • @chuckmcfarland2658
    @chuckmcfarland2658 Месяц назад

    Why doesn't ARS raise the red flag about Pelosi and all here husband's insider trading

  • @beefchampion2792
    @beefchampion2792 Месяц назад +1

    WoW! A politician with a semblence of credibility! You don't see that every day!

  • @warrenb2856
    @warrenb2856 Месяц назад

    Andrew, do you own stock? You do, well that´s a conflict.

  • @csmchip-hopmanagement652
    @csmchip-hopmanagement652 Месяц назад +1

    3:08 😂😂😂😂😂…politician’s 🤦🏾

  • @charlesdidonato5478
    @charlesdidonato5478 Месяц назад

    Andrew needs to go. He is so negative about anything the the conservative politicians propose.

  • @raoulhery
    @raoulhery Месяц назад

    Senator 100k Lummis

  • @Buckaroo801
    @Buckaroo801 Месяц назад

    Like it….

  • @RockfordFiles74
    @RockfordFiles74 Месяц назад

    Andrew Sorkin, the ballwasher boy for the bankers.

  • @w12p67
    @w12p67 Месяц назад

    Bitcoin is not a commodity

  • @gtrfrost
    @gtrfrost Месяц назад

    Am I the only listening with headphones. Sigh

  • @matadopolis
    @matadopolis Месяц назад

    Who’s dumber than Sorkin?

  • @jorgecolato6431
    @jorgecolato6431 Месяц назад

    Remember, this man is just trying to make a Buck.... this will cause other problems in your body..

  • @CastorDavidson
    @CastorDavidson Месяц назад

    Alan is an effen no coiner who had a front row seat to all of the discussions around bitcoin and chose not to get any.

  • @thomasw.4298
    @thomasw.4298 Месяц назад

    She has than 5 bitcoins in a blind trust. Ahhahahaha yeah right.

  • @KennyG-f2w
    @KennyG-f2w Месяц назад

    It's less about the new administration coming and more about the old administration exiting.

  • @contemplating1015
    @contemplating1015 Месяц назад

    These platforms talking about Digital Assets have no clue, especially this biased interviewer😂🤡

  • @jdoedoenet
    @jdoedoenet Месяц назад

    Andrew is a total clown.

  • @chrispugh1348
    @chrispugh1348 Месяц назад

    Lets do this!

  • @ernestoalonzo_2975
    @ernestoalonzo_2975 Месяц назад

    The US needs to be buying right noww.

  • @0xjkhui1934opljm
    @0xjkhui1934opljm Месяц назад +1

    We're going to the moon!

  • @ericastewart-de2qn
    @ericastewart-de2qn Месяц назад

    Andrew go home hahahah

  • @adamhudsonofficial
    @adamhudsonofficial Месяц назад

    Interesting language “How much would you spend?” Answer? None. You’d be “investing” it. Big difference.

  • @ghostmourn
    @ghostmourn Месяц назад +2

    It’s irresponsible for the USA 🇺🇸 not to hold a reserve of bitcoin . We finally have a real shot at a better future for the next generation. Despite plummeting birth rates and record debt. We must reach out with both hands and own this market. Bring it all back to the US. That is the way.

  • @tonedef8806
    @tonedef8806 Месяц назад

    Peter shiff just shiffed his pants

  • @AdrianBlackburnDesteni
    @AdrianBlackburnDesteni Месяц назад

    Bitcoin is the way.

  • @xlavahott4547
    @xlavahott4547 Месяц назад +4

    Greatest pump and dump in history.

    • @richardarrighi5561
      @richardarrighi5561 Месяц назад +4

      You clearly don’t understand BITCOIN

    • @iamdarkvader
      @iamdarkvader Месяц назад

      you clearly have no bitcoin and hence your bitterness because you are dumb and are a fool.

    • @BitcoinerPhilippines
      @BitcoinerPhilippines Месяц назад +4

      Differentiate Bitcoin to every other shitcoins. You'll get it then.

    • @TonyKingOfTheOzone
      @TonyKingOfTheOzone Месяц назад +3

      Obviously has no coins. Prolly laughed at 17k

    • @incipidsigninsetup
      @incipidsigninsetup Месяц назад +6

      Be sure to tell your kids how smart you were and how dumb everyone else is when Bitcoin is a million dollars a coin.

  • @tedt5588
    @tedt5588 Месяц назад

    Craziness! Just because there is less of something doesnt mean it's valuable! No intrinsic value. Sure ride the wave, but it's a musical chair.

  • @seriouslyyoujest1771
    @seriouslyyoujest1771 Месяц назад

    MicroStrategy
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    Less than 10 years, Social Security trust fund will run out of money. I have no doubt that the United States government will refund the Social Security just as we did in 1982. a prosperous America will be in America that will more easily refund the Social Security fund

  • @Truelies360
    @Truelies360 Месяц назад

    THIS ANDREW GUY MUST ATLEAST STEP DOWN FROM HOSTING BITCOIN TALKS . HE DONT HAVE ANY IDEA ABOUT THIS TECH . JST THROWING RANDOM NUMBERS TO MAINTAIN THE CHANNEL RATING. BRO U R DONE. REMEBER THOSE HATE TALK AGAINST THIS BITCOIN WITH UR BOYFRIEND JAMIE DEMON.