The anti-crypto crusaders are at it again…

In the last few weeks, Treasury Secretary Janet Yellen and SEC-chair nominee Gary Gensler continued their badmouthing of crypto in general, and bitcoin in particular.

First, Yellen called bitcoin “extremely inefficient” in an interview with The New York Times… And earlier this week, Gensler claimed certain crypto markets are “really rife with fraud and scams.”

Bitcoin sold off following their comments… but briefly moved back to above $50,000. It’s the kind of resilience we – and the big institutions – are banking on.

As Daily editor Teeka Tiwari has said before, bitcoin’s reached escape velocity. PayPal, Square, Visa, and Mastercard are just some of the major institutions buying in… And their demand will only drive prices higher.

So follow Teeka’s guidance: Ignore the noise and continue to buy on any weakness…

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Three Reasons Janet Yellen Is Wrong About Bitcoin
Be wary of the negative bitcoin narratives bankers and politicians are peddling… They just want to keep you in assets they can manage and control.

Regards,

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Chaka Ferguson
Editorial Director, Palm Beach Daily

P.S. Teeka believes bitcoin and its underlying technology will create an unstoppable trend that could mint 800,000 new millionaires over the next three years.

But if you don’t pay attention to what’s going on… it could leave you in serious financial trouble.

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