Tune in at 7:00am PT / 10:00am ET on Wed. Dec. 14 when US Senators question witnesses about the FTX collapse.
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34 Comments
I assume most of these experts were around in 2008 when so many companies got bailed out, companies that dealt with dollars and banks, These jokers conveniently ignore this.
tester is a grumpy old fossil
The only reason these hearings are taking place……not because bitcoin tokens were lost……but real dollars have just disappeared.
Ultimately there is no such thing as bitcoin….bitcoin only exist because it can be exchanged for REAL money.
Shitcoin isn’t real.
Why not just use real money?
A dollar is a dollar…..bitcoin is…..what?
Yo is that Ryan from the OC? Wtaf
he didn't really steal the money, just made bad corporate decisions with it
One thing that resonate with me is that Professor Mackenzie (if I got her name right) continues to talk about cryptocurrency value is based on sentiment, which I find interesting, because after the USD was taking off the Gold Standard it’s people sentiment that give it it’s value. The reality is that most of these monetary currencies issued by countries that we use, don’t have anything that back it’s value, only the sentiment of the people using it. So I can agree with most of the point she made, however just like how in the past several month’s trillions of dollars were printed without anything to back its value. We can still expect that crypto currency can still be valued as asset, if it’s properly regulated and have some form of accountability to the person facilitating it.
Ms.Lummis knows what she is talking about.
Ms. Warren keep saying “crypto industry”. I have known that they are several crypto companies that have KYC and other policy that help them identify each company. Ms. Warren keep saying “crypto industry” but that doesn’t tell us where she is getting these information that she is using as if it’s fact.
Regulation isn’t the problem, the problem is a wholly corrupt joke of a Justice system in US that is bought and paid for by wealthy corporations and banks (similar to every opportunistic owned politician in this hearing)
New Regulation isn’t needed, what’s needed is a gov No owned by WallStreet who will allow Justice department to actually try and convict the fraudsters who make money from both crypto and WallStreet but who can simply donate their way out of trouble/
How many of those stolen coins you think will be connected to the very politicians in this hearing? THATS what Terrifies them, a world where they can’t hide their bribes and are forced to do their job
What did Block Chain have to do with 2007 crash?
What did Crypto have to do with Massive money laundering scheme at US and UK banks?
Money launderers would much rather keep using shell corps from Montana and Delaware, or London City and Jersey or Switzerland Austria Andorra Cayman Islands or frankly in the largest and easiest place to launder funds, NYC banks.
Your explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyze the digital market , all that changed when i encountered ( Arthur Lucaz ) strategy. more emphasis should be put into day trading as it Is less affected by the unpredictable nature of the market.
Mr Brown they do that with regular dollar bills too! I think you are blaming crypto for bad actors!
Bottom line it gambling. Your fault.
waso waso wasssuupp lets not forget bitconnect
This actor, excuse me economic major knows what ‘real money’ is
kevin has a point!
gary gensler connection with caroline ellison dad should be investigated..why did they allow FTX be based in bahamas?
2 possibilities: 1) genuine and extreme ignorance about the tech 2) conscious effort to prevent blockchain tech toppling some archaic system out there
<<With the current economy situation, I honestly want to go into investment but don't have any clue on what to invest on… With the current economy situation depending on my one income stream won't do me any good.
So I really need help and advice on what to invest on as a side hustle to boost my income.. Always positive 💪
Crypto is nonsense
These slack notifications are killing me
The hard cut editing and background sounds of a MacBook volume being changed makes this embarrassing for CNET. You are a tech company who has piss poor quality in, at least, this video. Make your company better by disciplining employees who cannot do their jobs properly, I'm saying this as a consumer of your products.
oh sure, lets let the politicians fix these problems……………………we're so stupid……………
i guarantee they will only give him slaps on the wrists
Great broadcast!
I'm very curious about the Professor Allen's comments on what she would do if she were queen. There's quite a bit to unpack in those statements.
Unreal amount of scammers in the comment section. Be careful everyone. Anybody posting anything to do with profitable trading systems under this video is probably a scammer.
Not just Arizonans, Ms.Sistema, it’s the US & the world in general. Crypto has been the biggest scam ever. Mining for some bs & wasting a ton of energy when you could do so much more with that. Most of the time that energy isn’t even clean & yet we wouldn’t blame climate change on the tech savvy bozos who advocate for crypto.
But it is still better to make stable earnings on Crypton cryptocurrency.
Useful news, but recently the market has been unstable so it is more reliable to earn on the cryptocurrency Cr
Mrs Charlotte is legit and her method works like magic I keep on earning every single week with her new strategy
The number of Coins you can mint is unlimited .. it is already offshore .
The number of bots and ads in here are ridiculous! YT is getting out of hand with these.
I'll say this, the Senate seems to have a better grasp over what crypto is and isn't and a better thought process for how the law may be best applied. At least so far into the video (Brown and Toomey laying the foundation).
Shankman or McKenzie? So confused.