BTC103: Bitcoin Policy Update 4th Quarter 2022 w/ Jason Brett

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Preston Pysh interviews policy expert, Jason Brett, about everything happening in the US Congress and White House.

IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro
00:00:43 - A recap of the Lummis Gillibrand Bill.
00:05:37 - What is the Digital Commodities Consumer Protection Act of 2022 (DCCPA)?
00:05:56 - Who's trying to make the DCCPA happen?
00:17:22 - What are the implications of the DCCPA if passed?
00:24:18 - A walk through of the White House Climate and Energy Implication of Crypto-Assets in the United States.
00:44:44 - What are the three rules the White House is operating off-of when it comes to digital assets?
Implications of CBDCs.
00:57:21 - How are Bitcoin nodes handled in the DCCPA?

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The Decentralised exchanges will evolve over time.
The centralized exchanges will loose their control over the market once people learn the importance of holding their own keys.
Satoshi had plans for a peer 2 peer Marketplace we need to create that for fiat on ramps.

markcosta

This was awesome, thank you very much for the content on this. I appreciated Jason's practical take on the situation, and help set expectations to those that follow this stuff. Great interview!

mc-kzzn

Great video Preston. Would love to hear your take on why BTC is or is not a commodity. 🙏

nicholashays

man preston has taken a beating getting behind bitcoin. I think he lost more than stocks

zoca

The traditional system regarding legislation and policy is so antiquated and corrupt

Luke-cjgz

Well if you think about it, they are totally irrelevant if everything became decentralized. They really wouldn’t need a law. The central planner would not have anybody to arrest .

thestonemaster

Best quote ever Preston

"The innovation is the injection of energy into the token."

silverherder

POS: Right there with you Preston. Inflation in the UK is out of control, all becouse we had poor monetary policy. Sound money is needed. Enviromental impact is important and needs to be discussed, but so is the other side of the coin -> the economical impact. Always overlooked by regulators. It is just so stupid. People as always look for easy answers without the deep understanding of the problem.

matejsvec

That's as upset I've seen Preston. No wonder. Policymakers don't have any clue how important proof of work is, or maybe they do and they fear it. Jason is great to listen to.

Satssetyoufree