REGULATE CRYPTO

“Crypto doesn't have a product, right? It's a security without a product. What are they selling you? They're selling you lines of code on a blockchain that bear no relation to any real world asset. So what is that in sort of the basic economic, an investment scheme with no product is a Ponzi scheme. I do not know what to tell you. Yes, this one has gone on a very long time. Yes, it has gone up and down and it was up and now it's down a bit, but it's still up from where it was in 2022, sort of barely.”

“Molly, so we keep seeing immigrant deaths in ICE facilities. So in the most Trumpian policy decision possible, you know what they've decided? We're going to just try to hide those statistics from you. Yeah. There are definitely people dying in ICE facilities. We just don't know. We just don't have transparency on it. We just don't. That's it. There are people dying in ICE detention centers. We know this to be true. We've seen some reporting on this, but really, we don't know. And we don't know who's dying.”

“There was this terrible piece of legislation that was passed last year called the Genius Act. And knowing this Congress, if it's called the Genius Act, it's got to be stupid. It's really bad. It allows corporations to issue their own currency, their own money in the form of a stable coin, which is a crypto that's supposedly tied to the dollar. So it's literal corporate money. It allows corporations to issue their own money. If you think that's a good idea, first of all, it's a question whether you're a Democrat or not.”

“He's engaging in market manipulation on a daily basis, whether it's by going on Fox or putting out a social post or talking to a reporter who happens to call him at Monday morning at 7:45 AM, before the market's open. It's pretty clear what's going on here. I think the events are just going to take care of themselves here. The Iranians still apparently have the ability to wreak havoc in the region, and Trump still has the ability to post things like, I'm going to wipe out your civilization and then bond their Navy and so on.”

“Discharge petitions are not supposed to be the way we make laws. Discharge petitions are supposed to be sort of a last ditch effort. Nancy Pelosi never had a discharge petition get through past her. That's when the party that's not in power gets to bring things to the floor. And believe it or not, we've had numerous discharge petitions. That's because Mike Johnson is not in control. And what we have right now is a Congress that is basically being run by whoever is sort of in the mood at the moment.”

“The rest of the world is frankly terrified of how completely incapable we are, like, you know, aggressively criticizing and covering what is basically a president of the United States who is losing his mind in real time. It seems to me. Oh, yes. It is also my opinion that he's losing his mind in real time. I have no medical opinion here to offer, but it's just my opinion. I'm just here offering my take, you know. And if you watch the UK Parliament, it happens to be almost all the British politicians take too.”

“The Clarity Act is going to put crypto under the supervision of the CFTC. This weak agency that has historically been much more favorable to crypto. It's going to treat it as a commodity rather than a security. The reason that crypto doesn't want to be treated like a security is that securities laws are predicated on disclosure. You have to disclose who you're giving your money to, what they're doing with that money. Crypto doesn't want that, right? If you knew who owned all of the Bitcoin, the whole thing might fall apart yet again.”