Cryptocurrencies have had a bizarre year. After their rapid decline in 2022, the past twelve months have seen the virtual coins rally despite scandal after scandal. Two major crypto exchanges folded, there were arrests and allegations of corruption. We speak to CoinDesk’s Sam Kessler about the rise of Bitcoin and Co. and ask if it’s due to investor hopes of one day trading crypto on an officially regulated ETF?
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#crypto #bitcoin #business
21 Comments
Because it is the number one currency for money laundering.
People love gambling, so as long as casino like games such as Bitcoin exist people will play. And you will continue to see surges and selloffs as that is the essence of the crypto game.
Unconditional right to stop our own life whenever we want for all adults. My body my choice. Freedom
Bitcoin not crypto. Get this shipcoiner out of here.
Oh the retiring funds and Ponzi schemes. People never learn.
People recognize that bitcoin is a valuable asset – you can do so much with it. Its intrinsic value must be worth at least 100k. And the market's not rigged like gold's. BTC is the best ever!
There are many scandals involving the Euro, yet hundreds of millions of people still use it regularly. Why? 🤔
It's a ponzi scheme. As long as people are dumping money in it surges. Once people finally get what it actually is the last suckers will be left holding the bag.
I remember when I 1st heard about bitcoin in the mid 2010s and honestly now that it's mainstream I'm surprised that more crime hasn't happened with it by now. Especially seeing as how its finical/transactional logs are encrypted to be anonymous and decentralized with has made it appealing to use on the dark web long before it ever became mainstream.
Bitcoin was promoted as an alternative to regulated currency. As a currency, that was all a fraud. The fact that just allowing it to be treated like a stock will reduce its volatility is proof that it is less secure than a junk bond.
Bitcoin is the people's money.
Not scsndals, bitcoin is mainly surging due to litecoin.
Like so many others, this video is a true inspiration, thank you.
Just an audio point. There's no chance that the guy being interviewed is actually using that microphone. The sound is too bad! I think he's plugged it in but forgotten to select it on his computer. Oh dear.
Two types of people in the world. Those who can't predict what bitcoin will do, and those who don't know they can't predict what bitcoin will do.
Ohh-oooooo! When you start seeing btc on TV the top is near.
Its value is completely bogus and highly manilulated. If it goes up that often means that a big player is in trouble and simply needed the valuation to increase 🤷
It's easy, people are buying on the bottom
bullcrap ETF by Blackrock hahahaha
Greed is the reason, all the other market options are muted so lets go crypto the greed world
Why is Bitcoin surging despite all the scandals? The honest answer is market manipulation by the "market maker". The volatility in itself is how they make money.