$BONKUJI
Fading QuicklySnapshot Window: 2026-07-23 09:20 UTC · ← Back to Crypto Overview
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Total Engagement - Comments: 16, Retweets: 3, Likes: 46, Impressions: 1342
Verbatim Community Citations & Social Evidence 1 source posts analyzed
BREAKING: ANTHONY SCARAMUCCI SAYS DEMOCRATS WILL HAVE NO CHOICE BUT TO PASS THE BITCOIN CLARITY ACT. "YOUNG DEMOCRATS DON'T WANT TO GO AGAINST CRYPTO." "IF IT REACHES THE FLOOR, IT PASSES." [Spoken audio]: is the Democrats said to the White House we need an ethics provision that has teeth in it and so they said what do you want and they said what they wanted and the White House gave it to them and now the Democrats are saying well that's not enough we want state AGs to be able to enforce these federal ethics provisions so that's a real problem because then you have to redo all of the ethics codes in the federal government because you can't have the state just prosecuting the the crypto and not all the other ethical potential violations in the federal code. So they've got to get around that and they've got to have a compromise. But then the biggest problem is the procedural one. You only have 14 days to go before the August recess. So you'd need what's called the procedural prep for a bill like this that happened before the weekend. Today's Wednesday. That means sometime tomorrow afternoon we're going to have to hear that that's in play so they can get it down to the floor to vote. If it gets to the floor it's going to pass. That's my opinion, because I think a lot of the younger Democrats are not going to want to go up against the crypto bros in their packs come November. That's my opinion. If it doesn't get to the floor, it dies a brutal death. And then guys like Brian Armstrong, after all the hours and time and energy that they put into this, they start building their businesses off the shore of the United States. May I ask Anthony a question? You may. See, I ask permission. Isn't that nice? Yes. Why is it so difficult? You hear from people, I know I do, I'm sure you do. The game is rigged, the politicians, whether it's Democrats or Republicans that goes across the aisle, not allowing them to trade. Why is that such a difficult concept? Not just crypto, equities in general. Well, they make money doing that. If you're paying them $180,000 a year and they have insider information, they're allowed to trade on it, they make millions of dollars a year. And so I would rather take a Singapore model, pay them $15 million a year, $10 dollars a year and then get really tight on them with the ethics. But we don't do that in this country. They can't afford two houses. Let's say you're a member of the house. You make one hundred and eight thousand dollars a year. How are you going to live in your district and how are you going to live in Washington on that money? So they have all these different loopholes and they have all these junkets and they have these ways to get them money. And you know, LinkedIn today, I mean, I'll send it to you guys. They showed Nancy Pelosi stock market performance versus the S and P and Warren Buffett. remarkable. OK, so it's remarkable. And so is that fair? Does it make sense? It doesn't make sense. Remember when Peter Switzer's book came out in 2011, they banned it. And then they put it back in by voice vote. They didn't even go on the floor because they didn't want C-SPAN to see them voting for it. So they did a conference call and they reinstated it. And so to me, it's very, very bad. But you also have to understand you have to pay these people. If you're not going to pay them, they're going to find ways to make money so they and afford their lifestyles.
