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Chuck Schumers Secret Plan to Save Crypto by Making It Even More Ridiculous Than Its Already Been

Crypto NewsRegulation/NegotiationRetail Investors 4 Linda Williams August 15, 2024

An illustration of a cartoon Senator Chuck Schumer standing on top of an iceberg, wearing sunglasses and holding hands with Vice President Kamala Harris as she stands at its edge; below them is a sea of confused-looking politicians from both parties swimming towards each other amidst waves labeled 'Regulation', 'Innovation' and 'Crypto'; in the background are two opposing mountains: one covered in snowflakes representing Republican Party policies, and another with flames rising up to represent Democratic Party hostility. Schumer's arms stretch out wide as he gestures toward Harris;

Cryptocurrency is a scam, folks! And it looks like even some of its biggest supporters are starting to get on board with that idea. Senator Chuck Schumer says he’ll push for pro-crypto laws if Kamala Harris becomes president? That’s just code for “we’re going to try and make this thing work because we have no other choice.” The truth is, crypto has been a disaster from day one – it’s rife with scammers and fraudsters, its energy usage is through the roof, and its transaction fees are higher than they need be. And yet, politicians like Schumer keep trying to sell us on this “innovation” nonsense

Source: cointelegraph

Senator Chuck Schumer pledges pro-crypto laws if Harris is president
https://cointelegraph.com/news/senator-chuck-schumer-pledges-pro-crypto-laws-if-harris-president
Democratic Party Senator Chuck Schumer, the majority leader of the United States Senate, said he’s making it his goal to pass bipartisan pro-crypto legislation by the end of 2024 if Vice President Kamala Harris is elected president. Speaking at the Crypto4Harris Town Hall meeting — a grassroots crypto advocacy group pushing for a crypto policy “reset” in Harris’ presidential campaign — Schumer said lawmakers could no longer “stick their heads […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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