Bessent, as with most of the Trump administration is a big government statist.
Central control/ democrat style authoritarians with different marketing.
They are also grifters and in the pocket of the fiat system, their own interests and big banks.
Clarity Act sucks.  Reject.

treasury secretary scott bessent unloaded last weekend re CLARITY ACT
“nihilist group in the industry” that are “recalcitrant actors” who should “move to el salvador” if they “would prefer no regulation over this very good regulation”
i think we all know who he’s talking about

Alex Thorn

Twitter

Bitcoin's price briefly touched $60,000 last week. Under a diminishing returns model, this is no mere noise. The market is touching the weakest link in the entire four-year cycle and logarithmic growth framework.

With the gains at the top of the Bitcoin cycle already significantly compressed, a further historically deep correction would completely negate the allure of its classic cycles.

This is not a prediction; it's a mathematical law.

Cycle Top Gains are Compressing

Historical Bitcoin Cycle Tops:

· 2013: ~$1,242

· 2017: ~$19,700

· 2021: ~...

$55,000 will be the lifeline for Bitcoin.

Citadel, Ark Invest, and Tether back LayerZero as it launches the Zero blockchain - ZRO price goes on a rollercoaster. Photo: Decrypt.
Early this morning (February 11th), LayerZero officially announced the launch of its new layer-1 blockchain called ...

Citadel, Ark Invest, and Tether back LayerZero as it launches the Zero blockchain - Price Z...

The crypto market experienced a sharp drop this afternoon, with Ethereum falling below the $2,000 mark at 3 PM Taiwan time, according to Hyperliquid [...]
The article, titled "Machi Big Brother Suffers Huge Losses and Didn't Sleep All Night? Ethereum Falls Below 2000 Magnesium, Panic Arrives, Opens Long BlockTempo and Loses 120,000 Magnesium," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Machi Big Brother lost so much money he couldn't sleep all night? Ethereum fell below 2000, causing panic. He long positions in ETH and HYPE, then sold at a loss, losing all 120,000 in magnesium.