Liz Warren Wants Your Wallet

Senators Warren and Marshall’s Crypto Bill is a Threat to Privacy and Innovation

In 2022, Senators Elizabeth Warren (D-MA) and Roger Marshall (R-KS) introduced a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering (AML) rules. This bill would have a chilling effect on innovation in the cryptocurrency space and would violate the privacy rights of cryptocurrency users.

The bill would require anyone who designs a cryptocurrency wallet to register as a money services business and be regulated like a financial institution. This would be a major barrier to entry for small businesses and startups in the cryptocurrency space. It would also make it more difficult for individuals to use cryptocurrency wallets to store and send their digital assets.

The bill is also a threat to privacy. The AML rules that it would impose would require cryptocurrency wallet providers to collect and store personal information about their users, such as their names, addresses, and phone numbers. This information could be used by law enforcement to track and monitor cryptocurrency users.

The bill is a Trojan horse designed to undermine the cryptocurrency industry. It is being promoted by law enforcement officials who are concerned about the use of cryptocurrency for criminal activity. However, the bill would do little to stop criminals from using cryptocurrency. It would only make it more difficult for law-abiding citizens to use cryptocurrency.

The bill is a bad idea and should be opposed. It would stifle innovation in the cryptocurrency space and violate the privacy rights of cryptocurrency users.

The ReadySetCrypto "Three Token Pillars" Community Portfolio (V3)

Add your vote to the V3 Portfolio (Phase 3) by clicking here.

View V3 Portfolio (Phase 2) by clicking here.

View V3 Portfolio (Phase 1) by clicking here.

Read the V3 Portfolio guide by clicking here.

What is the goal of this portfolio?

The “Three Token Pillars” portfolio is democratically proportioned between the Three Pillars of the Token Economy & Interchain:

CryptoCurreny – Security Tokens (STO) – Decentralized Finance (DeFi)

With this portfolio, we will identify and take advantage of the opportunities within the Three
Pillars of ReadySetCrypto. We aim to Capitalise on the collective knowledge and experience of the RSC
community & build model portfolios containing the premier companies and projects
in the industry and manage risk allocation suitable for as many people as
possible.

The Second Phase of the RSC Community Portfolio V3 was to give us a general idea of the weightings people desire in each of the three pillars and also member’s risk tolerance. The Third Phase of the RSC Community Portfolio V3 has us closing in on a finalized portfolio allocation before we consolidated onto the highest quality projects.

Our Current Allocation As Of Phase Three:

Move Your Mouse Over Charts Below For More Information

The ReadySetCrypto "Top Ten Crypto" Community Portfolio (V4)

Add your vote to the V4 Portfolio by clicking here.

Read about building Crypto Portfolio Diversity by clicking here.

What is the goal of this portfolio?

The “Top Ten Crypto” portfolio is a democratically proportioned portfolio balanced based on votes from members of the RSC community as to what they believe are the top 10 projects by potential.

This portfolio should be much more useful given the ever-changing market dynamics. In short, you rank the projects you believe deserve a spot in the top 10. It should represent a portfolio and rank that you believe will stand the test of time. Once we have a good cross-section, we can study and make an assessment as to where we see value and perhaps where some diamonds in the rough opportunities exist. In a perfect world, we will end up with a Pareto-style distribution that describes the largest value capture in the market.

To give an update on the position, each one listed in low to high relative risk:

SoV/money == BTC, DCR

Platforms == ETH, XTZ

Private Money == XMR / ZEC / ZEN

DeFi == MKR / SNX and stablecoins

It is the most realistic way for us to distill the entirety of what we have learned (and that includes the RSC community opinion). We have an array of articles that have gradually picked off one by one different projects, some of which end up being many thousands of words to come to this conclusion. It is not capitulation because we all remain in the market. It is simply a consolidation of quality. We seek the cream of the crop as the milk turns sour on aggregate.

Current Top 10 Rankings:

Move Your Mouse Over Charts Below For More Information

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