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Congressman Brad Sherman (who is calling to ban crypto again!) biggest donors are ... American Bankers Association and Credit Card Processing Companies!

All Cryptocurrencies

by COINS NEWS 211 Views

Some of his 2020 campaign contributors:

American Bankers Assn: $10k

Capital One: $15k

Charles Schwab: 10k

Credit Union National Assn: $20k

Discover: $10k

UBS: $17k

Follow the money!

BTW, this guy also makes some really questionable statements. Head of Congress Subcommittee on Investor Protection but tells everyone its better for people to put money in lottery than in crypto.

He says crypto is a zero sum game, but preaches the biggest zero sum game of all time - the lottery. Odds of winning the CA Powerball lottery are 1 in 41.4 million.

A Powerball tickets cost $2 per play. Your chance of winning are literally one in 41.4 million.

If you bought $2 worth of BTC say 5 yrs ago, you'd already have 0.0031 BTC (around $106 today). That’s about 5200% growth!

If you had bought a $2 lottery 5 years ago, probabilistic odds say you wont have anything today.

This guy is a joke, he has no idea what is a zero sum game and what is not.

Stop misleading gullible people. Of course, that's what politicians do, but his bullshit stinks from 2 continents away.

submitted by /u/Set1Less
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