EP369 Ted Cruz: Congress is Using the Infrastructure Bill to Screw Over Bitcoin

Recap of everything Bitcoin for Nov, 22nd 2021

► Ted Cruz says Bitcoin provides great opportunity, wealth, entrepreneurs and innovators, and a hedge against the growing concern of inflation. Cruz states that he has deep concerns that the U.S. congress will, “screw up all of this.” Specifically, the infrastructure bill provisions are targeting and inflecting harm on the Bitcoin industry, expanding the definition of a broker.

► What is wealth inequality caused by? The cotillion effect describes how the richer and getting richer and the poorer are getting poorer. In fact, the wealthies 10% of Americans own a record of 89% of all U.S. stocks.

► FED states a soybean-based thanksgiving will cost you a lot less with twice as much protein, is this them trying to justify the food prices? Join us in discussing: was the quality of living better a decade ago? Energy and food prices are now UP 25%, the money is being endlessly printed, and your yearly paycheck is worthless everyday….

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► nix bitcoin v0.0.58:

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DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Timecodes:

0:00 - Intro

0:22 - BTC Stats

3:14 - Daily Fail

17:35 - Meme Review