Crypto crashes, bankruptcies spark calls for tighter regulations even as users demand less rules

They can have their crypto. Just the name alone is a deterrent. CRYPTO boo.

Crypto is a sinkhole to traditional financial system… but it is also a reservoir. An alternative economy, a shadow if you will to check the mainstream economy. It will stay … hell yeah. it will even survive Global War or even Major Cataclysm, where fiat will lose all its value. So Central bank need to chill out before World War or Apocalypse turns out a reality.

Crypto = scam.

Freedom of choice to lose big and well as win big. It is the quintessential dream. Instead of regulating they should provide some centralised regulated knowledge base so people can make informed choices.

"Eventually the system runs out of fools"

Don’t be so dumb you confuse the technology and setup with the Coin/cryptocurrency. The technology is useful, the coins are worthless. They always have been, and always will be, same as NFTs, nothing more than hype driven trash, similar to buying items in computer games then the game dies and a new game comes out. Worthless

after HIV AIDS – MAD COW DISEASE – ANTHRAX – EBOLA – SWINE FLU – AMERICAN FLU (COVID19) – MONKEY POX , united states introduces another news virus to the family – ' The Candida Auris ' – the kind of fresh eating virus known to fentanyl addicts

A member of the public shares with TOC a letter from the grassroots advisor of his ward to announce the disbursement of Public Transport Vouchers (PTVs) by the Ministry of Transport (MOT).

Now, the question here is why is the grassroots advisor notifying the resident of the PTV disbursement instead of MOT itself.
Of course, one can justify that the MPs doubling up as grassroots advisors are well suited to issue the vouchers on behalf of the Government or Transport Ministry.
But if being an MP is the basis for sending the letter on behalf of MOT, why sign the letter off as the advisor instead of the MP?

Furthermore, it becomes tricky to justify in this manner when it comes to Aljunied GRC, Hougang SMC and Seng Kang GRC, where the grassroots advisors are not the elected MPs but appointees by the People’s Association that is headed by the Secretary General of People’s Action Party (PAP) and usually PAP’s losing candidate for the constituency.

At Aljunied GRC, Victor Lye, PAP’s losing candidate at the constituency, was one of those assisting in the handout of face masks, and he posted on his Facebook, saying “Many Singaporeans don’t realise the value of our community grassroots network, working hand in hand with Government including our SAF and Home Team to serve our People.”
No doubt, some of the less informed residents might even feel grateful to Lye for giving out the free masks in times of need when the masks are entirely funded by taxpayers’ monies through the national coffer.
And in the case of the PTVs handouts, residents who are unaware of the MOT’s role in the vouchers would likely jump to the conclusion that it is the grassroots advisers who are assisting them (using the taxpayers’ monies).

“It brings into question the Trump-era deregulation of banks. The decision to roll back Dodd-Frank’s ‘too big to fail’ rules, reducing both oversight and capital requirements, seems to have contributed to SVB’s collapse.

“It appears that the deregulation has allowed banks like SVB to take reckless risks. Now there needs to be a serious conversation about reversing the law to shore-up confidence and to avoid further collapses.”

Trump got rid of the banking act Dodd-frank passed by Obama which is still a weak banking regulations cause bill Clinton got rid of a much stronger banking act Glass-Steagall Act of 1933 which further crash the banks in 2008

YouTube and other social media platforms should be held more accountable for allowing the pump and dump scammers to run spam bots in the comments pushing whatever crypto is this weeks turn with fraudulent claims.

Bitcoin doesn't care. It makes no difference apart from a temporary transient drop in price. The Bitcoins don't disappear unlike the trillions in the banks. It just sits untouched, whilst forever becoming scarcer and more secure. Frankly I'm happy cryptobanks, crypto exchanges are being challenged or go out of business. There's no government bailout or deposit insurance. The survivors get stronger.
Eventually people are going to realise all they ever hear is bad news for the past 14 years and yet it still exists. On February 9th 2011 a bitcoin hit 1US dollar equivalency. Now it is up 2.6 million percent against the dollar. Does that sound like a Ponzi scheme or is it the US dollar.

3:20 "its fans argue…" lolol

"DON'T
YOU
NO
NO
NO
WHAT YOU ARE DOING 4FREE"
THE WORLD SAID
AND+AMEN

We don't need tighter regulations, we just need clearer ones.

16k went to 28k. where crash??? 2022 recap?

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I have said that crypto isn't a safe investment from day one .

The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich

Recent crashes = nearly 50% tear in a fortnight

Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment with Mrs Jennier Baron in other not to depend on the government for funds