A Crypto Experts Warning — Do Not Buy Bitcoin on This Surge

In short, President Biden's war against Bitcoin has already begun. In short, President Biden's war against Bitcoin has already begun. Wealth Daily: Fortune Favors the Bold [Wealth Daily logo] A Crypto Experts Warning — Do Not Buy Bitcoin on This Surge By Sean McCloskey | October 22, 2021 - Baltimore, MD The global crypto market cap reached a whopping $2.65 trillion in value on Wednesday, October 20. This was an uncanny 9% increase in a single day! To put this into scale, the global telecommunications market — 5G tech and all that jazz — is only valued at $1.74 trillion, the global food market is valued a bit more at $5 trillion, and the value of the ENTIRE U.S. stock market is valued at roughly $98 trillion. Moreover, as I type, the market’s most traded cryptocurrency, Bitcoin (BTC), is setting new all-time highs as it pushes above $66,000 per token! Simply put, the crypto market is on fire right now! That’s a lot of money invested in a space only a few truly understand — folks like the executive editor of Bull and Bust Report, Christian DeHaemer. You see, Chris is famous in part for getting his followers in on Bitcoin very early on — in 2016. This was well before the popular token breached the $1,000 price point. That recommendation produced a total gain of 3,593% for Chris’ followers. Despite these incredible returns, Chris says now is not a good time to buy the vaunted digital currency. Based on what he’s uncovered from recent government documents, I’d say he’s spot-on. I’ve vetted the documents myself. Will Biden Declare War on Bitcoin? In short, the war against Bitcoin has already begun. Make no mistake about it, members of Biden’s camp have made it crystal clear they’re opposed to Bitcoin. Recent soundbites emerging from the White House and Capitol Hill include: - "I will just say outright I am not a fan [of Bitcoin]" and lawmakers should "curtail [its] use." — Treasury Secretary Janet Yellen - "There should be no confidence in this market. I repeat, no confidence in this market." It's "rife with fraud, scams, and abuse.” — SEC Chairman Gary Gensler - "Cryptocurrencies... pose a number of risks to the financial system." — Fed Gov. Lael Brainard The support in Washington, D.C., to derail Bitcoin was solidified even more last month. Bloomberg reported in late September: The White House nominated Saule Omarova last week to lead the Office of the Comptroller of the Currency, all but confirming that U.S. financial regulators will be void of any crypto allies for at least the next three years. Omarova is a staunch critic of digital currencies, and as long as the crypto bears are in power, BTC will face serious headwinds on the way to its next leg up. What Does This Mean for BTC Investors? Simply put, President Biden wants to take monetary control to the next level. This means the biggest monetary transformation we’ll see in our lifetime is about to happen. This is the inevitable launch of a U.S. Treasury-backed "digital dollar." According to Fed Gov. Lael Brainard, a digital dollar will ensure government-issued money "[stays] at the center of [the U.S.] financial system." Because if you can’t beat cryptocurrencies... you might as well steal the technology, outlaw your competitors, and place a stranglehold on global finance. Thanks, Joe... The Fed could announce its plan for this U.S. Treasury-backed digital currency as soon as November. This means time is ticking to prepare for the coming tidal wave of changes. You need to position yourself to turn this event into a positive one for you, your family, and your wealth. The war against Bitcoin goes hand in hand with this huge shift toward a digital dollar, but interestingly enough, it adds up to an opportunity to generate immeasurable wealth in a short period of time. When one door closes, another one opens as they say... To give you an idea of how big this opportunity is, consider that about 6 billion paper notes are printed annually. The cost to print these notes amounted to $843 million in 2020. That’s almost $1 billion the U.S. Bureau of Engraving and Printing spends each year just to produce our paper money. Imagine tapping into this stream of money... because that’s the kind of opportunity that presents itself today. Chris has discovered a simple way to do it. [Details here.]( To your wealth, [sean mccloskey signature] Sean McCloskey Editor, Bull and Bust Report --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. 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