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Another whirlwind week successful crypto draws to a close, and of people there’s nary shortage of spicy stories and new, compelling narratives successful the satellite of innovative integer money. This week, Elon Musk gives concern advice, United States Securities and Exchange Commission seat Gary Gensler catches flack from SEC commissioner Hester Peirce, and Joe Rogan calls bitcoin a viable currency, noting that it’s got the authorities “freaking out.” Buckle up and look lively, this is the Bitcoin.com News Week successful Review.
Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out
Famous podcaster Joe Rogan, the big of The Joe Rogan Experience, talked astir bitcoin connected his show, posted Tuesday. The amusement features an interrogation with UFC airy heavyweight combatant Khalil Rountree Jr.
Noting that present bitcoin is “a viable signifier of currency” that “You tin really bargain things with,” helium said, “the authorities is freaking out.”
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing connected Crypto Enforcement
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) person voiced concerns astir the securities regulator expanding its crypto enforcement unit.
“The SEC is simply a regulatory bureau with an enforcement division, not an enforcement agency.”
Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well successful the Long Term’
Tesla and Spacex CEO Elon Musk has shared his recommended concern strategy, which helium believes “will service you good successful the agelong term.”
Some radical noted that Musk’s strategy is akin to 1 adopted by Berkshire Hathaway CEO Warren Buffett.
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are connected the Table
The U.S. Federal Reserve raised the benchmark involvement complaint connected Wednesday and the summation was the biggest complaint hike successful 2 decades.
“Inflation is overmuch excessively high,” the cardinal bank’s seat Jerome Powell said aft the Fed raised rates by 0.5%.
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