Watch Crypto expert explain the Blockchain to Congress

[@fieryeasy]

This is everything I thought the government was when I was a kid...intelligent, educated people with an understanding and respect for their fellow lawmakers moving together towards a common goal.

[@crazyblah867]

which is to tax the living sheeeet out of our pockets

[@Ben-nx7yy]

@@crazyblah867 exactly lmao, people aren't realizing they are trying to understand each other because money is at play

[@CosmicHippopotamus]

There’s so much more of that than most people think. Much of the government is full of good people doing work they genuinely believe in. There’s a lot of people spending loads of money on ways to spread disillusionment among Americans about the power of good government.

[@danquaylesitsspeltpotatoe8307]

Fact is digital currency should have been banned when it first showed up! Should be banned now! Apart from getting rid of cash and making it all online with a countries normal money!

[@bryansantillano]

@@danquaylesitsspeltpotatoe8307 Sounds like you missed out. And it was going to become a thing whether you wanted it to be or not. Everything is going digital someone would've created it anyways

[@austinwhite1316]

I really didn't expect a congressman to ask these kinds of informed questions. This was great to see.

[@paulphyo]

cant even believe hes a congressman who is he

[@kennethkho7165]

@@paulphyo he looks like a competent lawyer, but idk

[@jaffaman99]

Unbelievable really. I was all ready to laugh at him, but came away impressed

[@Hilaire_Balrog]

A few …very few….of them actually do there jobs and try to be informed about what they create policy on. And I can tell you the lady next to him, my old boss from years ago, Maxine Waters, is not one of them.

[@jdfraed123]

Not great. They are coming after our money and investments. They want to regulate it and tax it.

[@jaleru]

Imagine if all congressional discussions were this well mannered and efficient.

[@combatjeyj6234]

well then the rest of the world would be left behind in few years the progress of decades

[@hilal_younus]

It’s well-mannered because money is involved

[@howardholloman1280]

Great point.

[@Clynikal]

Vote for good government that provides the most effective and efficient education policy and your country will prosper.

[@ReaperKezia]

It usually is like this & that's why it never makes the news. It usually just stays on CSPAN or something. Try watching that channel for more than 10 minutes without falling asleep lol

[@MrVara411]

I'm actually impressed by the Congressman's understanding of the Web3 background. Highly doubt others had as firm a grasp as he did, though.

[@mariorosas7779]

Rep McHenry from NC

[@SleepCycle1]

He actually explained Bitcoin and ethereum better than most people on KZbin in an eloquent way.

[@jessegarris7037]

I would expect that the CEO of Bitfury would be able to explain BTC/ETH better than youtubers.

[@JamesTheSecond01]

Well he is a professional who isn’t making money from views I would assume his knowledge is more factual and less entertaining

[@Feadds]

Because ppl on KZbin is only focused on making their profits 😒

[@tindekappa9047]

the guy speaking in front of congress is better informed than some guy speaking on youtube in his bedroom, strange indeed.

[@dafrasier1]

he sells crap in large bucket fulls.

[@joas162]

I watched the whole hearing expecting crypto to be crushed, but it was almost entirely positive with a lot of open and curious people asking questions. Brooks is an amazing spokesperson. Unbelievable how well prepared he was, he had an answer to everything.

[@filipk8483]

you mean spokesman?

[@courier3567]

I mean it's his job to know everything so

[@BeastCoast98]

@@filipk8483 Both are grammatically correct

[@filipk8483]

@@BeastCoast98 oh, ok. Didn't know that

[@BlackHatAndy]

Crypto doesn't get crushed, it does the crushing - to know-nothing investors' bank accounts lol

[@Justwantpeacelove]

This is how a conversation should be, intelligent, smooth, respect, transparent.

[@otheraccount3424]

No thats boringv

[@Kaiweeks]

@CRIMNALSNEAK litecoin is racist, why isnt it darkcoin?

[@shreyasprabhu3673]

@@Kaiweeks strawman

[@shreyasprabhu3673]

@CRIMNALSNEAK you prob don't think racism exists

[@Azmodon]

@@shreyasprabhu3673 you prob see racism over your shoulder while brushing your tooth

[@WesleySmith1920]

Way to go congressman McHenry! It’s encouraging to see a member of Congress take an active interest in blockchain and actually have a good handle on what it means.

[@jbelt712]

An active interest so they can tax you under the ground haha. There would not be trillions of dollars in it, if the federal reserve had stopped printing like mad.

[@fieryscorpion]

Watch video called "Line Goes Up" by Folding Ideas here in KZbin if you really want to know what Web 3.0 is.

[@GenericInternetter]

It's so refreshing to see two intelligent people have a discussion. It's sad that this is so rare.

[@ericlidman6299]

oh come on, boebert can do that, easy as pie ....

[@ihliedaily]

maybe education should be free in the US? just an idea ... but let me guess: to americans this idea smells like socialism?

[@tedkaczynskiamericanhero3916]

@ihliedaily See above comment.

[@Btouhy1]

It’s sad that it’s only these two. 99% of lawmakers are the dumbest humans on the planet

[@GardenGuy1942]

@@Btouhy1 haha you called yourself dumb

[@LinkEX]

This gives me hope. Two articulate people in a political discussion calmly trying to understand each other. One answering in accessible language to the other's informed questions. Focused on important topics with new solutions that are neither blindly followed nor dismissed. If only social media and most of political discussions weren't the very opposite.

[@KyleBevis-u7j]

Well said.

[@chriscurry2496]

I would like to believe this is two articulate people trying to convince one another through rational debate, but all I see is one man selling out his constituents by feeding questions to an industry insider so he can sell everyone on his industry.

[@bubiscauri9896]

👍

[@SteveKasian]

"Two articulate people..." +Maxine Waters. BWAHAHAHAHA!!!!

[@SteveKasian]

@@chriscurry2496 There is no "convincing" going on here. You are about as clueless as good ol' Maxine, there. Nobody is debating anything in this video. It's a public servant asking basic questions of an expert about how something works, and that expert explaining how that something works. Nothing is being "sold" in this discussion, either (??). You really should leave politics to the smart people, sir, as you can't even seem to understand what is happening in a simple exchange between two people in a hearing.

[@codinginflow]

From the title, I expected some second-hand embarrassment like in the Mark Zuckerberg congress videos. But this was super efficient and interesting.

[@manzanasrojas6984]

Tatsache

[@callanc3925]

really makes you wonder if they pulled those charades in the zuckerberg hearings on purpose. It might be just cos i havent looked into crypto much but to me it is far more confusing than facebook

[@SalinaMoonfall]

They might have learned their lesson from the Zuckerberg debacle that they should send people who can actually comprehend the subject matter, and not...to put it politely a bunch of dinosaurs who still think the internet is a series of tubes. That is assuming as the comment above pointed out, they were just playing dumb on purpose with Zuckerberg for whatever reason (which given the money involved in some of the internet legislation is not that unlikely).

[@codinginflow]

@@callanc3925 this actually makes sense to me but who knows

[@insistentmind498]

Matrix Awakens: the marketing people.....

[@CarlRick-fw9uk]

I want to start investing but need guidance. Any advice or recommendations for assistance please?

[@gabrieljackson6071]

It's a smart move to get help from experts when you're starting to build your financial portfolio. It can be quite complex, so seeking professional guidance is a great idea.

[@DorcasDorcas-bz4oy]

Contacting Experts like Della Martin, makes it easier

[@thomasliam9531]

If someone is good at what they do, others will always vouch for them.

[@CarlRick-fw9uk]

Hey, could someone drop the contact info for this investment analyst here? Thanks!

[@gabrieljackson6071]

Sure

[@midwestmenace9636]

Brooks had really good responses, but for the Congressmen to break it down it down more simply put was actually incredible.

[@joythought]

Yes, McHenry showed real understanding. Brilliant to see that. So different to the Congress hearings a few years ago where tech leaders were so incompetently questioned.

[@JackBaileyMV]

I think McHenry knows the horse has left the barn on this one. Congress isn't going to regulate a decentralized network. My guess is McHenry is afraid his colleagues are too dim to understand the upside of what's happening and that they'll try to control it from DC.

[@IntensePeppers]

Anyone know who Mr Brooks is?

[@rome8432]

@@IntensePeppers the explaining guy

[@CosmicSeeker69]

@@IntensePeppers the answer is in the description box for everyone to see.

[@gamerslife4me938]

This guy is the precedent of how one should ask a question. The way he predicated and based his question on web 1,2 was the most appropriate way to make people understand the web 3, blockchain and the whole ownership thing.

[@ololol662]

Blockchain is useless

[@whoisvahid]

he already knew what he's talking about, but he intentionally and wisely asked level by level question to make other people and also mass public to understand this phenomenon.

[@nikkan3810]

@@ololol662 you is the reason it's not gonna stop though lmao.

[@tchrisou812]

Regarding "web 3" ; Why wouldn't Google ultra wealthy people not just buy it in bulk and manipulate the price (like they are now) rendering it just an additional monopolized concept?

[@WilfChadwick]

They should have got Margo Robbie to explain this, a la sub primes in '' The Big Short '', id have watched to the end.

[@nb6918]

If every congressman and government official was as eloquent and logical as this man, the US would be blooming like no other.

[@WilfChadwick]

They should have got Margo Robbie to explain this, a la sub primes in '' The Big Short '', id have watched to the end.

[@olegbro]

USA has become one the top countries in the world a long time ago

[@Naytexo]

As much as I agree, some of the best political movements and changes come from raw passion and emotion for what is right, rather than sitting down and having a structured discussion

[@caralho5237]

It wouldn't, at all. They would still be eating from the pocket of the american citizen while throwing basic economics out of the window. No amount of eloquency can account for the severe lack of financial accountability the state inherently has

[@caralho5237]

@@Naytexo Yea, like the holocaust

[@andremedaglia350]

I'm impressed by this congressmen. He's genuily trying to understand the subject in order to do a better job himself. And at the same time, making this conversation accessible for the majority of viewers.

[@mananwashere]

Respect for the congressman, he did his research and was willing to learn and converse. This is what happens when educated, qualified, and young lawmakers are elected.

[@PIVfirestarkproducon]

McHenry is 46 year old (R) congressman from NC, serving since 2005. Not exactly what I would call "young", but he's definitely qualified and experienced.

[@tomd9819]

@@PIVfirestarkproducon It's pretty depressing but 46 is relatively young in congress today.

[@PIVfirestarkproducon]

@@tomd9819 that's a fair point. I suppose 46 is young compared to some of the withering officials at the head

[@jaames]

@@PIVfirestarkproducon withering? more like decomposing. absolutely sad

[@mananwashere]

@@PIVfirestarkproducon the median age for Congress is 60 and average age in Senate is 63. 46 is still young for a politician.

[@DarrenMalone253]

He did a great job explaining some of the basics and differences to a super complicated question. It’s easily an answer that could take an hour

[@NeoKailthas]

BuT tHey DOn'T hAve ReAL vAlUE

[@agingchill9012]

@@NeoKailthas The Bitcoin network processed about $489 billion per quarter in 2021 whereas PayPal processed an average of $302 billion per quarter. There's the value.

[@NeoKailthas]

@@agingchill9012 I am on your side. I was just making fun of the people who don't spend any time to research crypto but they still have this opinion that was proven wrong for many years now.

[@Hoobyj]

He also did a great job painting the concept of crypto as the natural rival of the Tech giants that are threatening the government's stranglehold on information.

[@movingfoward8537]

@@NeoKailthas They just have too much pride wich always makes them miss out on the wealth

[@Austin_Mathew]

I'm fascinated by the level of intricacy that the congressmen maintained during this questionnaire. I'm happy to see they have someone willing to understand the concept.

[@skyestalimit1561]

@@NUNYABIZNNAAAZZZ Internet wisdom ladies and gents! /s

[@texasfossilguy]

they want to understand it so they can tax it

[@skyestalimit1561]

@@sarawright6781 well yeah you probably could, but your crypto coins can be traded for real money too

[@giftowercom]

@@skyestalimit1561 yes but why would anybody trade real money for tokens? To get a fake coffee!

[@Giofear]

​@@sarawright6781 not all tokens are NFTs, just a small part.. you can buy a real coffee for bitcoin, ethereum etc. but the main point is that it's decentralized

[@ClaireOwen6]

Crypto is risky as many would say but I think the actual risk in Crypto is not investing. Basically, I just made my first $300,000 in crypto market and I barely know how to express how happy and excited I am right now.

[@AlexieAuer]

I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

[@CheyanneSmitham]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@ClaireOwen6]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Mathew . A widely known crypto consultant

[@DawnRempel7]

I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...

[@RoderickKuhlman57]

I started working with Alex Mathew back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

[@MarkHarrison4]

The questioner is hodling let's be real....

[@99waterblade]

He's been holding since 2017 I bet haha

[@redpill3047]

hehehe Hes probably shopping NFT's as we speak!

[@RicheshGuptaRichu]

Definitely.......

[@richmukasa6069]

Facts!

[@patrickpuma]

💎 🙌

[@millsm9030]

This guy not only killed it with this question but all other questions fired at him. Respect.

[@HRHMANSOUR]

He wasn’t interrogating him, he was asking purely for the purpose of receiving understandable information from an expert

[@millsm9030]

@@HRHMANSOUR I get that, still doesn’t take away on how well he answered the question

[@2020A-v6k]

Are blockchains the internet itself (a part of it currently)? Will the internet in the future be based on a series of blockchains (and you can invest in a particular blockchain by buying its cryptocurrency)? I understand cryptocurrencies are digital currencies that are not controlled by any government, and that alone is amazing. But I don't get what non-replicable thing they can do besides that. The explanation Mr. Brooks gave here was something I hadn't heard before, and I'm not sure if I understood his words correctly (I understood blockchain tech is the evolution of the internet itself, i.e. all the internet content, its interactions, and services will be provided through blockchain tech in the future, and you can own a part of that by buying cryptocurrencies). Correct me if I'm wrong please, any comment could be helpful

[@daebak7370]

New world order led by obama and pope francis is coming. Jesus christ is coming back for the rapture. Get ready. Dont believe the coming ufo alien abduction narrative

[@yomamasohot6411]

@@daebak7370 How do we know Jesus christ isn't an alien himself?

[@greylatern]

Holy craps I didn't know there was any real policymakers left. Keep that man in office!

[@mr.pavone9719]

This is how they act when they're not on a major media outlet. They're all much smarter than they let on.

[@houghwhite411]

@@mr.pavone9719 when you're strong, act weak and when you're weak, act strong - SunTzu maybe

[@salilbhatnagar]

@@mr.pavone9719 the smartest members of congress are those who don’t seek media attention.

[@michaellouis5458]

😥😩ANY IDEA ON CRYPTO TRADING AND INVESTMENT HERE.. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

[@ryanrainbow2280]

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.. I will advice you not to stop trading on your own it's very risky. Seek advice of a professional trader

[@anastasiakoen5872]

That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts

[@robertgary125]

I'm a huge fan of crypto, I hold few coins in my wallet, while I trade the rest with my Expert Mr David Darwin , he's really brilliant.

[@cadenboucher9741]

When I saw testimonies about him all over the places I thought it was all made up stories until I was convinced and gave it a try and honestly I don't regret the move I made because I invested in a big way and I'm earning awesomely.

[@bikethemoon9565]

Here in Canada Expert Mr David Darwin carries out the both orientation and mentorship potentials

[@axlek7620]

Holy crap! A reasoned, simple and informed set of questions and answers between a congressman and a panelist. Who would have thought this is possible? Can you imagine if all confessional committees interactions went like this?

[@hilal_younus]

It’s like this because money is involved

[@live2walk]

Most do. They're just not that interesting, so you don't see them - the filters that control what we see on virtually every website - including KZbin favor provocative content.

[@carlmarquardt7761]

@Zelená Žaba It almost surely is scripted. Lobbyists don't leave things like this to chance; these were friendly questions to a witness who knew exactly what he was going to be asked.

[@marge3477]

I can not but hope we can be led by intelligent people once again.

[@Gogofam123]

It all goes smoothly when there’s a lot of money to be made 😂😂😂

[@stephendavis4480]

The questioner is educated with a respectable understanding. Knowing how to construct the questions helps tremendously 👍

[@gwarlow]

@Stephen Davis Those questions were most likely carefully composed by members of his staff.

[@zzzzzach]

@@jetblack8250 He definitely was considering his audience as to what would be the best place to start for foundational understanding.

[@Unlikely_Hero]

Was thinking the same thing!

[@daebak7370]

New world order led by obama and pope francis is coming. Jesus christ is coming back for the rapture. Get ready. Dont believe the coming ufo alien abduction narrative

[@DozIT]

@@gwarlow that’s likely true but you can tell he understands at least a little bit as he asks with confidence, and has relevant rebuttals. Best congress exchange about tech I’ve seen in a long time!

[@User-pu3lc]

I hope Brooks knows how important his work was on this day, both for the future of the US and humanity. Well done sir.

[@DotHackish]

future yes... But humanity plays no role here.

[@willie417]

we sure do, Uncle Ben

[@FollowTheTrend798]

Yeah real important for dictators

[@sheridanjanda7212]

threatening the domination of the dollar is huge and the US is scared. If real assets like gold and property continue to be pulled out of other markets there will be nothing left.

[@MrSleep-id5bz]

How does the effect humanity in a good way when at the end of the day It's just about trading digital assets? Oh yeah, it's really going to help those starving kids in Ethiopia. Nonsense.

[@MichelleDiesel]

I want to start investing but feel unsure of where to begin. Do you have any simple advice or connections who can guide me ?

[@SheilaMartins-ji5gk]

It is good to seek expert guidance before venturing into trading to avoid losses

[@RickRouth-fs3lo]

Taking advice from financial experts like Hailey Gassmann to fine-tune your investments is a smart choice.

[@PhilMorris-fn3lq]

She trades for me too. My spouse doubted me at first but after i received profit, we both invested again and again till date

[@MaryHarry-id7th]

I was skeptical at first, but since I started trading with Hailey, she’s been delivering great returns.

[@WallaceLinn]

Hailey manages my investment, and I just make weekly withdrawals without needing any trading knowledge. She handles everything.

[@nft4807]

Mad respect to both of them for being so human and just asking questions and giving fair expiations!

[@meleardil]

Nah... these 2 will be out pretty soon... They did not behave as "politicians" do, so the standard psycho baboons will hate them and push them out.

[@LastbutNotFirst]

sounded like manipulation to me.. but hey... in reality, should be discussing the AI involved because thats what needs the regulations asap. in 15 years, people will have plugs in their heads, like they have tattoos on their sleeves right now.

[@pokolba9]

Hahaha!!! America DOES NOT need crypto business in order to become rich, all they need to do is sanction the other 150 nations and declare war, burn cities down, and there you go, America is great again! Warmongers.

[@MarkAntony01]

I see the legalese flew over the heads of most here. "They" (capitalists and politicians) are talking about how to control the accessibility of the internet via blockchain/web 3.0.

[@LastbutNotFirst]

@@MarkAntony01 when the man said "google owns the internet".. that was scary.

[@Wahinies]

Came to laugh at Congress critters, stayed for the mind blowing dissertation by one Mr. Brooks

[@Cybrtronlazr]

The McHenry fellow seemed very educated and calm unlike what I initially thought before watching.

[@hilal_younus]

I bet It’s mainly because it’s about money… ask them about what happened on Jan 6, and you’ll see what happens

[@haisojyelppe6952]

It's great to see two people having a great well informed calm discussion, but its also super cool to have people recognize that this is what it should be like

[@lookslikedavid]

how is this a discussion? there's no disagreement or exchange of arguments in this clip

[@haisojyelppe6952]

@@lookslikedavid a discussion is just talking to one another to reach a decision or like inform each other about something

[@Spetsop]

@@lookslikedavid What you're describing is a 'debate'. A 'discussion' is just an exchange of facts and/or opinions, and it does not necessarily need to have any opposing views/disagreements, while a 'debate' needs those.

[@DannySullivanMusic]

yes. precisely correct

[@perryschnabel]

This is not a discussion. Both party were fully aware of the answers. Mr Mc Henry just "asked" these questions (he knew the answers for) to bring every one in the room to the same level. It's more like a lecture with 2 teachers than a discussion.

[@ConnieSides]

I want to start trading but don't have knowledge about the market. Can someone pls point me in the right path

[@LucasPegg]

It's a good idea to seek expert advice when you're setting up an investment portfolio because it can be a bit complicated.

[@AdamMatis-ux2ny]

Getting advice from a professional trader like Hailey Gassmann to adjust your investment is a wise decision to avoid losses

[@LydiaTowles]

It's cool to see her name here. Her success story is all over the place.

[@DeanEdward-bd7cn]

I know Hailey. I came across her at a seminar in Canada. Her strategies works perfectly well for me until now

[@KatieFlanagan-jm8ql]

Hailey is well known because she keeps it real. Unlike some brokers with unrealistic goals, she delivers on what she promises.

[@AlexanderMoen]

I love that this isn't just some out-of-context clip trying to make someone in congress look uneducated, or trying to pander or whatever else might get the most likes on a social media platform. This is an actual conversation with intellectual curiosity and with a desire to be ready for the future. I really think our nation as a whole needs more exposure to stuff like this.

[@fernandoWisdenn]

I like the way you think

[@randominternetguy3537]

Thats cuz cryptocurrency is a bipartisan issue. Or maybe non-partisan is better. Point is, it isn't a mainstream enough issue that can have a simple binary answer. Its not like the lockdowns, vaccine mandates, masks, or some other non covid issues. These are yes, no, or very close to it depending on your party.

[@Farazormal1]

It's not intellectual curiosity, it's for professional legislative purposes, he is asking these questions for the consideration of people writing policy.

[@danthelambboy]

@@randominternetguy3537 how is it an issue at all? People have always been able to swap things of little to no physical value. They want to make it an issue because they want to turn any past time they can into money for the government

[@randominternetguy3537]

@@danthelambboy its an issue because the government can't control it.

[@dennis4k21]

Seeing such a normal conversation in American politics nearly makes me cry. There is still hope.

[@rmack9226]

LOL. All politicians everywhere just want to figure out a way to angle into billions/trillions of dollars. Period. Everything else is to entertain or distract you. If you have any "hope" whatsoever with respect to politics, you're a naïve child.

[@shadowtemp7839]

Hope and politics don’t belong in the same sentence.

[@colinwilliams3459]

@@rmack9226 Yeah that’s probably true. But my optimism had other plans. I have to hope good people get in otherwise bad places because I don’t know what I’m gonna do if they dont

[@galehess6676]

most politicians want to do a good job. most media want to sell clicks. see a problem. boring doesn't sell. how many township meetings have you been to, county, local governance? yeah. 0. part of the problem is we think voting matters, rather than realizing it doesn't fulfill our obligation to be involved in a dynamic democratic process.

[@rmack9226]

@@galehess6676 LOL that's delusional. Politicians are pure scum. All of them. Except the libertarian ones who want to 100% leave you alone, let you keep your own money, and restore your freedoms, and there are only like 4 of them.

[@H.L.S.98]

Imagine having this calm concise conversation about (insert any topic in 2021). Seriously it’s really uplifting seeing this.

[@bentmercer]

Impossible, politics turn everyone into snake oil salesmen. Any company would be like that discussion, but the second people's jobs depended on getting votes it would turn into the chaos we see with politicians

[@Tommy1977777]

Because money is at stake.

[@edgymurphy570]

Every time I try to do that I get banned

[@justashzz]

Depends on goal. These two are trying to strive for a shared goal by conversing with heavy focus on trying to understand. With most goombas today, you don't get conversations. You get a bunch of people wanting to be proven right regardless of their merits/demerits of their argument

[@fieryscorpion]

Watch video called "Line Goes Up" by Folding Ideas here in KZbin if you really want to know what Web 3.0 is.

[@jacksonroman1621]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@stjepanhauser7595]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@kanuegwu]

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

[@kanuegwu]

Thanks for this tip. I just Googled his name and his website came up right away. It looks interesting so far. I'm going to book a call with him and let you know how it goes.Thanks

[@mathebulamkhize876]

@Steve Sorensen Thanks for clearing that up, I curiously searched for Nolan Velden Brent on the internet and thankfully, I came across him my goal is to retire in 5years time.

[@FrankBullitt390]

THESE ARE ALL BOTS PPL ^

[@MrKennyBones]

This was good. They gotta realize that this is about the US joining and competing with a global crypto market. It’s gonna continue whether they like it or not.

[@sergiorodolfo7416]

Haha if they shut down Internet

[@death-disco]

Exactly. It's not a question of "will the USA regulate or ban bitcoin?" it's "will the USA remove themselves from the inevitable next phase of mankind?"

[@puffpuffpass3214]

@@sergiorodolfo7416 the US can't shut off internet access to the world. Even if they wanted to for the homeland it would just hurt people way more than help

[@VoiceofApollos]

@@sergiorodolfo7416 the US government does not have the technological ability to shut down the internet except at certain localzed/domestic access points. There is far too much international/global internet technology architecture established which the US government has no control of to be able to effectively completely "shut down" the internet even within America.

[@pawelpow]

@@puffpuffpass3214 The US government have the power to “disable” the internet in the US. Simply start by cutting the fibre optic cables that run through the oceans, with the us military resources that will be done in no time…

[@Nu-ViewAustin]

Concise, high level explanation. Well done.

[@thelostone1522]

this is what congress should look like. a healthy discussion about things that matters.

[@2020A-v6k]

Are blockchains the internet itself (a part of it currently)? Will the internet in the future be based on a series of blockchains (and you can invest in a particular blockchain by buying its cryptocurrency)? I understand cryptocurrencies are digital currencies that are not controlled by any government, and that alone is amazing. But I don't get what non-replicable thing they can do besides that. The explanation Mr. Brooks gave here was something I hadn't heard before, and I'm not sure if I understood his words correctly (I understood blockchain tech is the evolution of the internet itself, i.e. all the internet content, its interactions, and services will be provided through blockchain tech in the future, and you can own a part of that by buying cryptocurrencies). Correct me if I'm wrong please, any comment could be helpful

[@chriscurry2496]

@@2020A-v6k I don’t believe you are incorrect and you are justified in being very skeptical of Mr. Brooks’ explanation. I strongly suspect he’s an industry insider who Is advocating for his business with this made-up analogy of “three internet tiers.” He says that the second tier is owned by companies like Facebook and Amazon (as if nobody can operator their own server anymore). The third tier is where blockchain acts as a platform for developing apps like one would on a smartphone platform. “People” would own this platform by investing in something like Ethereum. This is silly in my opinion. While Ethereum smart contracts do allow “developers” to create simple apps which can use Ether to run, there is little evidence these could even begin to rival the scale of existing internet apps and services. Furthermore, there’s no evidence that blockchain technologies result in this imaginary equitability he suggests. In fact the reality is that crypto just accelerates inequality of ownership.

[@mrb2643]

Blockchain, algorithm, mining, Ledger, decentralized, network... Blah blah BS

[@TheCardanoArmy]

I'm glad congress has stepped up their game. The past few times they've interviewed people about tech (not even as complicated as blockchain) has been embarrassing. This is the first time I wasnt completely embarrassed by our own congress.

[@Gandhi_Physique]

I didn't even see the word Congress, then I saw Maxine Waters and realized that is what this was. Definitely way better than the other hearings. God those were so out of touch and cringeworthy.

[@hilal_younus]

Yeah, especially when mark the lizard was asked “how does Facebook earn revenue?”

[@deagratiasmatias9556]

I am new to cryptocurrencies such as bitcoin, but I am very interested and curious to start investing in it, although I do feel this is kind of late now. Can anyone tell me what I need to do?

[@anitahart8313]

Investing in Bitcoin is the number one thing one should be doing right now, although there are lots of risks the best way to invest is through cryptocurrency and Forex.

[@anitahart8313]

There are also organizations that help maintain your interest and protect you from the unnecessary risk which you can't predict on your own.

[@anitahart8313]

But sir Richard is highly recommended

[@anitahart8313]

💯Legit

[@rabiyuaudu1328]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

[@IHCgraphix]

Mr. Brooks is extremely intelligent and articulate lol. Great job explaining.....

[@mohdfaisal8268]

He sure is. So is Alesia Haas representing Coinbase, Bankman of FTX and Allaire of Circle(usdc) They represented crypto community very well.

[@onestepahead1857]

Educating congress about the Bitcoin and blockchain technology is like selling an idea of an automobile to a horsemen 120 years ago. It will take time. But they will eventually get it 🤞🏼😎🙏🏽

[@jos.3649]

It’s like that for most people … he’s trying to explain it to dinosaurs who want to keep things centralized.

[@legalfictionnaturalfact3969]

how bout let's make them irrelevant so they can "get it" on their own time so we're not paying for their ignorance.

[@sharkdzung]

😂😂

[@HeavyDutyCharlie]

Love everything about this statement 🔥

[@kartorhys]

are u sure about that ? i think better to not explain to them and let them die off before they can get to know what it is

[@ddavis8988]

This was probably the best set of questions I've ever heard someone ask in a political setting. And I mean ever. And that's kind of sad really. And also a great explanation to what can be a very complicated answer. And I like that Mr. McHenry recognizes that if America handles this wrong, then this tech can and will leaves the shores of the US.

[@anna-flora999]

It really isn't

[@ddavis8988]

@@anna-flora999 what really isn't?

[@anna-flora999]

@@ddavis8988 it really isn't the best set of questions. I was missing a few, like "what would stop big cooperations from getting a majority stake", "if the amount of coins is finite, how will the system be stable to deflation? And if all coins are mined, what long term insensitive will there be to spend the ressources to maintain the network?"

[@ddavis8988]

@@anna-flora999 "This was probably the best set of questions "I'VE EVER HEARD SOMEONE ASK IN A POLITICAL SETTING." Read what I actually said, not what you thought I said.

[@anna-flora999]

@@ddavis8988 I mean, even "if you don't charge people for using Facebook, how do you make money?" is a better question than anything asked in this video, imo

[@tuchelbenrobert1595]

Investing in crypto now is really cool especially with the current rise now.

[@shanelamberth]

This entire chain of replies sounds like one big SCAM. Reproducing replies, even adding in the creepy contact information trying to get people to invest in this Adrian guy. If you google his name, the word SCAM comes up as well... Beware.

[@doimoi958]

@@shanelamberth That's right! This is classified as a cluster spambot where the bot tries to make the scam look real by adding other accounts that replies to make it look like an actual conversation.

[@jedricbarlow3940]

@Mohammed Suresh damn, if you are a bot I am impressed.

[@clearcontentment3695]

Patrick Johnson I’ll just dump the money I saved not buy Starbucks everyday into crypto

[@CompetitionSportsNetwork]

LOL, you wanna take that comment back? Its literally tanking right now because its been exposed as a dead asset. If Crypto was so great, its time to shine would be right now because it would be safer than the dollar and that isn't happening. Crypto is a scam.

[@joshua8314]

They don’t bat an eye when he says “Google and a few other companies own the internet”. That being said, it was the most intelligent conversation that’s been had in those chambers in three decades.

[@jakegolliher2891]

They do though. At least in physical form (cables, servers, etc...)

[@LoudWaffle]

@Steve Sherman Without the giant services like Google the ISPs serve no function and don't profit, no? Even though stuff like Google is built within their framework making them structurally more important, I think it's still very accurate to say that Google (& etc.) has all the actual power.

[@epstein_isnt_dead7726]

That's only because Maxine waters was tuned completely out. If she had even made an attempt to understand any part of this conversation it would have gone much differently

[@jakegolliher2891]

@Steve Sherman Google owns more than 2% of ALL the servers on the planet and over 63 THOUSAND MILES of submarine cable. That's just the cable underwater. Parler was shut down because Amazon found out it was on their servers, and so they just killed it. Level 3 communications (century link) owns 79% of ipv4 addresses. Who exactly do you think owns the internet? Nobody? It's just magic in the air?

[@jakegolliher2891]

@@LoudWaffle Google, Comcast, centers link, time Warner cable, etc.... But yeah, they have the powah

[@seancinkilic3454]

Brian Brooks is a legend. And Patrick McHenry is worth a vote and has earned his seat in Congress for years to come. Great job fellas 👍

[@seancinkilic3454]

@Ryan Patrick sounds like someone’s gonna be left behind 😂

[@AbhiRaj-yo9ds]

@@seancinkilic3454 Ultimately there wouldn't be any more fools left to buy the worthless coins and it will all come crashing down to 0.

[@w.o.jackson8432]

@Ryan Patrick It's like you entirely missed the concept of Web3 explained in the video, astounding.

[@99waterblade]

@@AbhiRaj-yo9ds I sincerely think you will eat those words one day.

[@Jonathan-ih9sm]

@Ryan Patrick do you not understand this doesn't matter??? it only makes bitcoin more scarce and it's scarcity isn't an issue either because it is divisible up to 8 decimal places (infinitely more can be added through a network upgrade) you sir, are uneducated and stubborn.

[@probuiltatv5271]

I wish this guy could explain everything I don’t understand in my life.

[@seriousman99]

like why im like this :(

[@breaktimeplaya9792]

I thought about this literally 1s before i rrad your comment

[@sarahsamuel3868]

Patience is the key element to success ,this is the first time I have been introduced to a platform that's making me better and financial stable.

[@justinsmith6852]

As a new beginner in online trading platform you surely need a professional trader to guide you.

[@nancyannabel2517]

Coming across this great opportunity has changed my life for good.

[@beaviscarey5733]

Bitcoin investment is all about determination and dedication to work with an expert trader.

[@abellcasey7206]

It was like a dream to me until I got my first and second withdrawal successfully without any delay.

[@brendacarley9233]

At first I was doubting her platform due to the high rate of fake brokers out there before I met Nora that showed me love.

[@zachgoll]

I love that the message of “crypto is going to happen whether the US participates or not” is spreading through Congressional circles. I think this 6 minute video should be required watching for everyone sworn into Congress

[@rezneba101]

THIS. Your banks are getting wiped. You want in what comes after? Move.

[@johnreese7352]

The us gov needs to create a DAO

[@MartynDerg]

I completely agree. It's important they understand this could go the way of drugs where it's either something you can embrace and get something out of, or you could reject it and it'll become a problem.

[@brianhale3678]

Cryptocurrency is such an obvious bait-and-switch tactic to bring about a global digital currency. We are digging our own digital graves. We are forging our own digital chains that will be used to enslave us. It's probably already too late. Unless God himself helps us.

[@zoogl]

@@brianhale3678 that's a little extreme

[@SanjayRoy-vz5ih]

I think the congressman has done an awesome job of putting things in perspective in relation to policy making concerns

[@sanjeebrakshit7139]

Indian parliamentarians should learn from this, also they need to connect with right people and not the exchange owners.

[@Cleopatra8888]

Most exchange can run away anytime with your asset, best case is to own your own private key in nano ledger. Exchange like huobi will try many ways to transfer your crypto asset to their pocket.

[@jinfin221]

Hahaha Modi will listen only when elections are near.

[@arunt6659]

These old A-Holes won't do anything beneficiary for the country, they do stuff just for publicity and clout.

[@indranildutta5838]

@@arunt6659 so as every politicians of all countries

[@Lindgren-h7k]

I'm glad you made this video it reminds me of my transformation from a nobody to good home, $89k weekly and a good daughter full of love..

[@Lindgren-h7k]

My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.

[@Alfred-k3m]

Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.

[@PamelaClifford-i8y]

Making touch with financial advisors like Amalia Bunker who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.

[@DianaSilava-v6r]

Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1,000000 net worth.

[@walkerRobinson-d4h]

Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investments with my personal financial advisor i totally agree with you

[@hackladdy9886]

I'm so glad this kind of discussion is finally happening in congress!

[@xrdeveloper942]

newsflash . noone there except those two understood what was happening .

[@anna-flora999]

What discussion? All I saw was a sales pitch

[@UriTheImpaler]

WHAT A GREAT HEARING. Finally, something actually bi-partisan.... Our lawmakers did great today, same with the witnesses. Crypto is the future.

[@travisli-rufus1949]

Abolish fiat currency for good, fiat currency is the biggest scam in the world.

[@willie417]

@To Be Human your right about that, because there's a lot Cryto activity floating around out there they don't know how to handle yet

[@liampett1313]

Sure is! Now best of luck picking the correct 15 Crypto assets out of more then 10,000. It's not an investment it's speculation, unrestricted leverage will eventually leave most in the dust. Solana would be my choice if I could pick but the R/R in this current hyperbubble is not an attractive one for investment.

[@just4all448]

@@liampett1313 agree. A lot of crypto assets are overbought because of overhype. Selling ideas without technology/product - will ends badly 🥲

[@just4all448]

@To Be Human at the moment peoples buying ideas without ready product and it works. But it will work until product/tech will be released and peoples will go to look for tech not for hype or idea:)

[@itsjuststeve9655]

It's really important to an issue to have the right people asking and answering questions.

[@brianhale3678]

Cryptocurrency is such an obvious bait-and-switch tactic to bring about a global digital currency. We are digging our own digital graves. We are forging our own digital chains that will be used to enslave us. It's probably already too late. Unless God himself helps us.

[@wanglei7182]

When you stop learning, you get left behind. Never stop educating yourself

[@simonethomas9393]

@Dana Andrioaie You have a point, lately I found out that we have lots of opportunities to become financially free but most times we let this opportunities pass

[@simonethomas9393]

@Dana Andrioaie Just like bitcoin, got to know about bitcoin from a friend 6 years ago but didn't see any reason to invest it it then, that's one decision I regret everyday

[@burjkhalifa1718]

@@simonethomas9393 exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work

[@donaldjason195]

@Dana Andrioaie True, building wealth requires developing positive mind as we live in a world full of great opportunities but many still miss out

[@donaldjason195]

earning over $45,000 from the comfort of my home save me from financial crisis during the covid, lost my job had little to nothing but a friend introduced me to binary option trade and that was the story changing moment of my life. Bitcoin investment saved me

[@adamcashen508]

this is the reason we need younger policy makers

[@Paytonwh]

FACTS!!!

[@sapiomancer]

Agreed, there should be an age min but more importantly an age ceiling for these roles

[@mayankjha7444]

True becoz world changes, and at sometime we too will eventually become boomers.

[@danielvandam]

It’s not an easy job you can just roll into after college

[@nielsbishere]

Honestly, this conversation is really good imo. Congress is trying to understand it properly and something that isn't easy for the average person to understand. If you compare this to the zucc thing, the contrast is crazy

[@peterebode]

The congressman asked questions out of knowledge, that made this hearing go very wonderfully..

[@newtypetommy]

beautiful discussion and respectful conversation.

[@chandlerethan9567]

We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

[@Brendavonrohr4]

People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@aishatuabdullahmuhd1088]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@jamesdrew296]

@@aishatuabdullahmuhd1088 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

[@Antoniovieira2792]

@@jamesdrew296 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

[@Wellingtonluzia3]

@@jamesdrew296 Please I'm very much interested. How can I get touch with this coach, i really want to give her a try.

[@TheBigBazzy]

It's refreshing to see intelligent conversations still exist out there.

[@kunaldahiya310]

Ik most people are idiots or don’t know how to explain something, they had clear questions and understandable answers.

[@cbjueueiwyru7472]

He made it sound like having tokens means people are actually going to listen to you. Buy 1 eth and try to call the shots, see what happens. You can do the same as a shareholder of a company.

[@JIYkp]

A congressional hearing with well-thought out questions and an informed witness? Perchance we've returned to the main timeline.

[@yseson_]

Don’t give me hope

[@chikasu10]

No i believe we have return normality

[@wooflord]

Knew I wouldn't have to scroll far to find that profile pic, so sad, this comments section is full of these people

[@WillemDefoe]

@@wooflord Dude it’s a jpeg just like yours is. Chances are they didn’t even buy it.

[@SteveDaniel152]

Watched the whole video great job my portfolio is diverse, with investment in digital currencies, gold silver, but not as much as I want.would like to add a lot of low cap altcoins too, just not sure how to go about it or where to buy the coins. Diversifying my $420k portfolio across the market to withstand inflation is my goal can you help me?

[@GideonMitchell17]

Just find quality assets that have long term potential,and ride with those assets. I have found it takes someone who is very familiar with the market to make such good picks

[@AngelaHunt290]

agreed it essential to diversify your portfolio while quality assets are a solid foundation you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $230k grow by 34% since may last year. Try the same , you never know

[@PhilipElliott-p]

I will forever appreciate this channel, you've helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us, I now earn every week. You're such a blessing to this generation

[@ChangKim960]

​@@AngelaHunt290I will love to be your friend dear as well as sharing some ideas which you're benefiting

[@AngelaHunt290]

Okay but is not luck, is all about having good investment plans most of all trading with a trustworthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put real money you start losing I understand and I passed through it all I'm very happy I'm profitable now

[@imcosima5918]

He’s the only man who made me understand clearly what decentralized really means.

[@realadammason]

Exactly what I was thinking! Basically google doesn’t own it but the people do!

[@DENDEAURA]

Stud! Tnkyu dude

[@edwardspencer9397]

It clearly does not mention how crypto prices are manipulated by a few large investors. See in simple terms crypto is like a casino. You will mostly lose but when you win you will win big. The only difference is casino is automated and there is luck involved while here you just hope you are in the right place at the right time before the people at the top take decisions.

[@rumfordc]

​@@edwardspencer9397 the important difference is that those investors can't change the _supply_ of the crypto like they can the dollar. the exchange rate price can be manipulated of course, just like the price of any good can be manipulated.

[@edwardspencer9397]

Rumford Chimpenstein you cannot manipulate prices of goods in the real world out of the blue. A burger priced at $1 today cannot be $1.5 tomorrow. They follow a slow and steady path. But crypto prices can rise & fall steeply.

[@firewoodtime2]

I liked Mr. Brooks best of the speakers. He's super sharp..

[@teamJPCx3]

This was literally the best crypto explanation I've heard

[@99546416]

This video should be a case study of what constructive discussions/debates look like. I am lost for words on how nice it is to see both parties actively trying to reach a goal that would benefit everyone

[@deenzmartin6695]

@@chiaraleonie9446 u nuts?

[@stevetate8476]

Great job Mr. Brooks!

[@MelroyvandenBerg]

I also need to hire him to explain crypto to my inner circle. He did a great job.

[@timschrijver3926]

Good to see qualitative Congress members, good job going on here. Having faith now!

[@angusmarch1066]

"No, you see your honour once you buy an NFT that means you own it and everyone can see that you own it. The blockchain doesnt lie, its completely different from a screenshot."

[@Hannahbenowitz]

The $44,000 of two years ago buys about 20% less today, so Bitcoin at $44,000 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.

[@HildaBennet]

Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all these talks of a retrace? i don't want to buy the top.

[@PennyBergeron-os4ch]

You can start by dollar-cost averaging instead of buying a lump sum at once. Also, consult a fiduciary with crypto expertise for informed buying and selling decisions since talks of a bitcoin ETF approval. Time in the market is more valuable than timing it. Using this approach, I grew my crypto holdings from $50k in 2017 to $690k in 2023.

[@FinnBraylon]

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this fiduciary??

[@PennyBergeron-os4ch]

“SONYA LEE MITCHELL” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@FinnBraylon]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@stanislavteliatnikov4787]

They were both on the same side, and the congressman knew the answers before asking the questions. The entire exchange was for everyone but the two people talking.

[@trelosgatos]

yeah i don't get why everyone is acting so surprised lmao

[@TheyAreHere2]

@@trelosgatos They have stakes in the game.

[@wrxdrifter19]

This is by far the most productive and educational congressional meeting I've ever witnessed. 5 minutes of progress :)

[@illaudatus]

As long as big tech companies are actually making revenue from their users they should be regulated accordingly. Leaving them to decide and create separate laws makes them a parallel state but also a part of the traditional state where they have a limited liability. So who protects the user? To whom the user answer?

[@ayami123]

no one, it's a laissez faire

[@d6wave]

EXACTLY

[@jamesmarcus4105]

Hello, I'm new to Biticon trade and I've been making huge losses but recently i see a lot of people earning from it. Please can someone tell me what to do?

[@jamesmarcus4105]

@Albert John How can someone know a professional account manager that is trustworthy when legit once are hard to find this days.

[@craigpotter1262]

Same here, My portfolio has been going down the drain while I try trading, I just don't know what I do wrong,

[@jamesmarcus4105]

@Albert John can I have her info please

[@jamesmarcus4105]

@Albert John Thanks a lot.

[@jamesmarcus4105]

I'm contacting her right away.

[@DIZZLEBOI44]

This is so refreshing to see and the questions from the congressman is concise and educated ones with the responses explained in an elementary level to grasp.

[@randominternetguy3537]

Scripted for sure. Cool either way.

[@AdeliaWalter]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

[@EdouardGodard]

Congratulations, do you mind sharing how you did it...

[@ToniPfeiffer-kf1zg]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@user-ui4mq]

Yeah!, Adolf was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Adolf Heinz. He is my number one source when it comes to crypto and TA.

[@GwenLedner]

Wow!, I'm surprised you trade with Adolf Heinz, he's the best at what he does.

[@AdeliaWalter]

he's mostly on Telegrams, using the user.

[@Demmrir]

The crypto expert's talk sounds very convincing but it isn't actually a logical consequence of what he's talking about. He talks about how Google owns the internet but crypto will allow everyone to own the internet, but there is a missing step in between. He's selling a dream for which there is no actual, practical implementation. It basically reads, "Step 1: Crypto allows everyone to own part of the network. Step 2: ??? Step 3: Profit!!" Google doesn't own the internet, they own primarily three things, the platform that streams video and its associated CDN (mix of hardware, software, and actual cables), the search engine (software and compute hardware), and ad network (software and financial agreements/marketing). How do you replace Google using crypto? Answer: you... don't. You just don't. People use Google because everyone uses Google. It's tautological and that won't be toppled just by offering a competitor (Bing). A crypto search engine won't just replace it. So Google still owns search, and trading crypto tokens won't change that. Is the argument that crypto tokens are themselves monetized and thus there is no need for advertising revenue from Google? If so, then when does the actual money come into play? Crypto doesn't create money, it requires people to put real money into the system to create transient perceived value. And how does crypto address all of the hardware and cable questions? ISPs own the lines to your house. You can't cut them out of the equation with crypto. Seriously, try asking any crypto enthusiast about the steps in between crypto being used and a distributed individually capitalized utopia for all. I promise you they'll either gush about the tech or the outcome they hope for, or at worst say that it's not their job to solve the simple implementation problem. Because it is intractable.

[@jadanejda9674]

Crypto and blockchains is just a technology. It't not a catch all for everything the internet does. It is why there is so many apps being developed, it's a way to solve individual small problems. Bitcoinc etc. has no intrinsic value. But it is a store of value, which has a finite amount. Meaning it isn't inflationary like all other currencies, meaning that it's possible to build a stable economy around it, for 100s of years, if that is so desired. What is meant by a few companies owning web 2.0, is that if you want to do specific things on the internet, you have to go to specific companies to do so. Web 3.0 is build on a network, that is driven by its "shareholders", meaning if there is a need for an app (Could be a new search engine), it can be voted into existence and then developed. The reason it won't be centralised, owned by one company, is because the web 3.0 apps will be dApps (decentralised apps). When build on blockchains, the individual code being run and evaluated in the apps, will be verified throughout the network, not by a single entity. The missing link you are asking for is also being developed, the interconnectivity between the cryptos. People are working on it, but none has the perfect solution. Things like Solana is very scalable, and Matic is basically what Ethereum 2.0 will become. Bitcoin is very scalable, but not very energy efficient (Being proof of work). The next step is combining the scalable solutions with the dApps that people want, which things like Polkadot is working on. There is a lot of people working on all of this, but even so, there is no final project that deals with everything. It is very new technology, and everyone is doing their own thing from scratch, the next target is getting everyone to work together on one "network", which will be web 3.0.

[@anna-flora999]

@@jadanejda9674 I have a couple of questions: 1: what would stop a company like Google from developing their own dapps? Or if its done by popular vote, what stops them from getting such a high percentage of the nodes that they can vote stuff into existence themselves? 2: who provides the hardware and energy for them? Is the system betting on enough people spending money on it out of the goodness of their hearts? 3: how do dapps differ from already existing community driven open source projects? 4: how would something like bitcoin combat deflation? It's very likely that some people will hoard bitcoins for the sake of having a high number of them in the same way people hoard real money. How do you prevent the system from drying up, or from the value of bitcoins rising more and more, requiring transactions being done in smaller and smaller increments? 5: you say Web 3.0 will run on "a" network. Which one? As far as I understand, one advantage of blockchains is that only members with access to the chain can access the data, but they can access all of it. Or would it consist of multiple blockchains?

[@rygyouwill5293]

when internet is out most of the people will open google to make sure of it, thus, no google means no internet to the people

[@justinbridgez]

@@rygyouwill5293 it means that version is "dumped" and "put" into another. this is all based on the peoples attitude if everyone says "f the hedgies" like with GME AMC...welll... it becomes worthless. and others are there to take the place...looose example. im tired and i tried. lol

[@justinbridgez]

also we would know who owns what...literally

[@khadijaumar9356]

Those making it in crypto are those who got in 2-3yrs ago. The chances of newbies are slim due to how unstable crypto seems to be currently

[@marylucas745]

Without a bear market, new crypto investors stand a high risk of lossing 60-80% of their investment

[@mohdhakim6510]

@@marylucas745 real traders pray for real bear market because it is called shopping time.

[@fredrickhanson5451]

exactly what i was/am hoping for by having the opportunity to buy the real dips on good project.

[@JamesJackson-ih9if]

@@mohdhakim6510 I have about $35k sitting in my saving. I am looking at investing in something solid for long term. what do you think i sould be buying and when?

[@JamesJackson-ih9if]

@Martinz Ahijo thanks a lot. I really appreciate

[@HutchTouch416]

This felt like an understanding that crypto isn't going anywhere and the government really doesn't know how to deal with it. I hope all future discussions will be this respectful and professional.

[@wil-fri]

Is the privacy vs security and in second plane control vs freedom

[@ankxt]

Constructive and productive conversation, hardly seen in congrestional hearings that spread online, love to see it

[@allyall22]

Mr. Brooks is giving a mini master class in under 5 min. Truly admirable. Gotta admire his confidence

[@Sunny-qe5el]

This is how we need people in government and also the reponsible technocrats who are humble enough to explain things about technologies.

[@TheUltimateRage]

I disagree. This video highlights how antiquated are system is. The fact that we have lawmakers who don't understand these matters highlights how woefully inefficient our system of government is. We need to upgrade to a Direct Democracy using modern technology instead of plutocratic oligarchs who spend most of their time raising money instead of learning the necessary information to effectively do their jobs!

[@rinseco]

Disagree. We don't need the government let alone the people in it. This videos describes exactly how they (government) will lose the control over us (people).

[@shrekkisluv4165]

This is how normal people interact with each other.

[@vitalis]

I'm even more amazed at the person asking the questions and how he broke things down so that the other guy could then develop it further for the rest of the room.

[@vitalis]

@@dm-oz9yd Well, you are an example of why all of this is needed. Only a very small subset of the world's population understands the use of blockchain technology. It is not just about cryptocurrencies and such. It doesn't help to gaslight anything that one doesn't understand. Being a cynic is fine as long as one actually makes the effort to educate on the subject at hand.

[@Couchlnvestor]

Crypto is one of the many benefits that has ever happened to mankind and I’m proud. Someone got me holding bitcoin a while back and it’s just amazing how much the value has appreciated

[@JoeCoIIar]

It’s facts that stocks, crypto and the foreign exchange markets have revolutionized the world, I’m also an investor and positively I earn passively while investing from home 👍

[@Couchlnvestor]

That’s impressive mate. Well for me being properly diversified in the markets is what does it for me, my portfolio continues to grow from following trade pros system as I consistently earn decent payouts from my investments in the financial markets

[@eddieparker4529]

Stocks, forex and the crypto sectors are indeed very lucrative and remunerative, yet a major issue often faced in the markets is the inability for rookies to earn from it

[@MHousley]

@@Couchlnvestor I’m really fond of bitcoin and passive incomes but making new money from the markets apparently is much difficult than I presumed lol😂, the high volatility in the crypto sector constantly drives me nuts. No negativity man but can I ask your secrets to earnings, I’d appreciate any pointers ❤️

[@Couchlnvestor]

The markets for sure isn’t a playground you will definitely need experience, skills and consistency before you can actually accumulate profits in it. For me investing with aid from trade pros effortlessly helps in elevating my investments

[@bradleyperryperry5072]

We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.

[@josephk.barron5283]

First understanding the financial markets and how it works then you need to know how to study the market chart. That's all you stand to when you start trade with a Mentor

[@jameskourygabriel4973]

@Sun Abelarda .Like the analyst, I am positive about Bitcoin. I am sure that now it will begin to develop rapidly, it's very difficult to give an accurate forecast, but I prefer to trade my Bitcoin and accumulate more.

[@ashleye.carter1009]

All you have to do as a beginner to make good profit in cryptocurrency is trade with a professional trader who Will always notify when to BUY/SELL else you make losses.

[@richardk.mallard3533]

@Sonia R. Hall and .Excellent buddy how good are your earnings and do you have any recommendations or suggestions

[@richardk.mallard3533]

@Sonia R. Hall .This amazing such a a great return, how can I reach her through?

[@TheGuym619]

As a crypto holder, I actually learned something from this video…Brooks made everything digestible and the questioner asked articulate and relevant questions. Great intro discussion into Crypto overall

[@depthcharge6215]

Theyre trying to understand for one reason only. Corrupt greedy gov wants their hands in the cookie jar.

[@lolllama1504]

I don’t think buying cryptocurrency makes you any more knowledgeable about how crypto works lol, so many people buy Bitcoin with the only information about it being it’s current price…

[@WickedWonderCrew]

"as a crypto holder".....

[@skaBABBLZ]

@@WickedWonderCrew 😂 my thoughts exactly

[@timothybrown5741]

What coins do you own? A lot of crypto coins are scams. I say only about 30% of all the coins are actually what the panelist is talking about.

[@walkdontrun6578]

Why are people who don't understand blockchain making the policy???

[@jos.3649]

Because they want to keep the power and the money centralized. They are dinosaurs trying to hold on, trying to fight the asteroid coming at them.

[@arshtat]

hence, why they are having discussions like these. lol

[@randyg6748]

Screw them and their made up rules. Crypto was made get out of their control not to be roped back in soon as it takes off. Government is terrified they aren't in control and people are fleeing their worthless fiat dollar

[@jcpt928]

Senator McHenry displays intellectual understanding unlike many of his colleagues. Good for him.

[@nazrulhanif6372]

True. I like to see how he try to understand things 1 by 1 while keep it objective on presentation so that everyone can have mutual understanding. I myself work on technical, sometime I realize that I talking too technical and it went off the discussion when people don't understand what I talking about. I try to train and keep talking objectively when I had a meeting.

[@kaisasong1332]

cause he is consider young on the senate.... average age of US senator is 64.... basically fossils making rules for something they will never understand because that is just how the brain of old people work

[@cedriccocoyer9574]

My trading journey was a matriculation of high and low literally just like the market. You up and you down. Now I'm constantly up

[@cedriccocoyer9574]

@Dorothy Ann young Yes, I think you know about her too

[@grgoivica]

I still wonder how she gets her analysis, I got profit of $40,000 with a capital of $4000 in 21 days of trading with her

[@jozicazanic]

She has really made a good name for herself, please how can contact expert mrs Lora?

[@vivaamuraoecal5799]

@Patricia P Wilson I also needed her info too 1'11 write her thanks

[@blairclinebellsr7290]

Greetings from Los Angeles. I and two other of my friends tried her immediately we testified her performing wonders

[@LarryB-inFL]

I am a lifelong professional techie (from creating the first PCs to running BIG web teams) and I got maybe 5% of what they were talking about...so how could anybody in congress understand anything said here?

[@billdelicatessen948]

You buy 100 eth, you now own x percentage of the network, you now secure the same percentage of the network. You get rewards each day (currently around 8% per year). Instead of just getting on facebook and getting nothing, you earn to build and secure the network with your money, time and risk/reward.

[@billdelicatessen948]

ETH is just an example, I prefer AVAX and MATIC. Same concepts.

[@jasonmurphy1499]

Incredible job by Mr. Brooks - his ability to explain crypto was excellent!!

[@davesaenz3732]

It would have taken me 30 minutes and I would confuse everyone.

[@dmac5808]

He did an excellent Job.

[@stefHin]

it is hard to explain highly technical subjects like blockchain to non tech people. He did a great job there.

[@EnduringArts]

"It's NOT about getting the right people into government, it's about making it politically advantageous for the wrong people in government to do the right thing." -Milton Friedman

[@JohannRosario1]

But how? How is this done? Do I have to read Milton Friedman?

[@thastayapongsak4422]

@@JohannRosario1 Just redesign it. There are proposed solutions everywhere, just there's no attempt to change.

[@Javiv93]

Bob Saget sure knows a ton about crypto. Such a well informed comic.

[@PDXVoiceTeacher]

He's like if Bob Saget and Sam Harris had a baby....

[@bodringamariusdaniel4918]

I just found out about Bob Saget's death 5 minutes ago and now i saw this comment.

[@kevinbergin9971]

Just thinking the same thing. He died yesterday by the way.

[@snakejazz]

Gotta throw props to McHenry as well. He asked great questions back and responded with a slightly informed sense of interest and curiosity which gave Brooks a nice avenue to explain things quite nicely.

[@ashlyhefner]

Simple logic explanations and great job with the win! It was indeed a complete beginners guide. Thanks a lot! 🙌

[@julievagleyates]

Your main ambition is on giving or informing people on real life skills to survive through investments so it's very adviseable to take advice from an exper

[@Philscolari760]

Obviously trading on bitcoin is very volatile and risky to trade that's the reason most traders trade with an expert. Learn to Invest or trade under a guide, to avoid losses in the market

[@kellypretzels]

@@Philscolari760 Absolutely but for the meantime we could always ignore the market ups and downs and stay fully invested. Big thanks to Mrs Kathy for helping me earn over 11btc by implementing her method and following her guide

[@julieohara4274]

Trading successfully is just trading with an expert in the field who can provide proper guidance, and trades with the right strategies and also make good profit, huge returns on investment.

[@Amitsinghe]

The stock market is one of the potential places to invest your money, investing in stock is often risky which draws attention to the huge gains and losses of investors, if you can manage the risk you can take advantage of the stock market to secure your financial position and earn money