2021-03-03 Coindesk - Warren Says Yellen Left No Room for Ambiguity - page 2.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

You know, it is easy to be confident about a statement..when you know you are one of the instruments that are going to make sure that something fails. We know what butthurt Yellen's reason are to target Bitcoin, because we know what happened (Bitcoin Guy) ...but other people are now jumping on the Bitcoin bandwagon and most of them are doing this to score political favor. Roll Eyes

If you go back to the real issue, you will see that it is centered around control. Governments can control people if they control their wealth and we all know they manipulate fiat currencies through economic policies and the Central Banks. Bitcoin does not allow that, because it is not centralized ...so they will shift their target to regulating the centralized soft spots. (Regulated entities like Exchanges)

The unfortunate result for them as a RESULT of their actions will be the secondary (unregulated) markets that will pop up and the subsequent loss in taxes. Wink

(Silkroad type markets for legal goods) Grin

Konfusioon

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freedom is nothing but a chance to be better

Quote from: Theb on March 04, 2021, 02:13:34 PM

What's the hate on their opinion? Can't we accept the fact that the holdings we have in Bitcoin is more on speculation rather than a real investment? People are always hating when Warren Buffet says something neutral and true about Bitcoin yet a lot of the people in the crypto industry takes it us negative when all he is really saying is Bitcoin is a speculative asset. For sure a lot of people will say if Bitcoin is "speculative" then why Elon Musk and companies like Microstrategy are buying Bitcoin? Well they are risk takers and with the money they have they can easily influence the market which Musk already have proven when he had bought Bitcoin. Let's just face it without any kind of fundamental existing with Bitcoin aside from supply and demand we really don't have anything to make Bitcoin not a speculative asset.

I agree with the sentiment here. Another thing that a lot of people tend to forget is that by definition future is always speculative. So even the so called real investments are in essence speculations. The only difference is the likelyhood you assign to one speculation or the other. So the fact that Bitcoin is highly speculative does not delegitimize it as an option

Theb

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What's the hate on their opinion? Can't we accept the fact that the holdings we have in Bitcoin is more on speculation rather than a real investment? People are always hating when Warren Buffet says something neutral and true about Bitcoin yet a lot of the people in the crypto industry takes it us negative when all he is really saying is Bitcoin is a speculative asset. For sure a lot of people will say if Bitcoin is "speculative" then why Elon Musk and companies like Microstrategy are buying Bitcoin? Well they are risk takers and with the money they have they can easily influence the market which Musk already have proven when he had bought Bitcoin. Let's just face it without any kind of fundamental existing with Bitcoin aside from supply and demand we really don't have anything to make Bitcoin not a speculative asset.

acquafredda

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Quote from: cr1776 on March 03, 2021, 06:32:11 AM

Quote

Democratic Senator Elizabeth Warren backed recent comments on bitcoin by Treasury Secretary Janet Yellen during an interview with CNBC’s Squawk Box on Tuesday. Asked if she agreed with comments saying the cryptocurrency was a “speculative” asset made by Treasury Secretary Janet Yellen late in February, the Senator said, somewhat coyly: “I think Janet’s a really smart woman.”

When pressed, she said, “‘Speculative in nature and going to end badly’ – I don’t think Janet left a lot of room for ambiguity.”

https://www.coindesk.com/bitcoin-warren-yellen-speculative-nature

That is an endorsement of Bitcoin when a socialist/fascist like Warren attacks Bitcoin. Of course she is to stupid she didn't even get Yellen's comment right.

Let us leave the words to the wind, what we all want to know is how their actions will be. Because one thing is what they say in public and another one is what they do behind the curtains (remember Jamie Dimon?).
I would go as far as to say that Wall Street and the whole stock market is also a big speculation which is now sustained by brrr money: I, therefore, want to ask U.S. Sen. Elizabeth Warren what will happen if that is going to end badly?

cr1776

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Quote

Democratic Senator Elizabeth Warren backed recent comments on bitcoin by Treasury Secretary Janet Yellen during an interview with CNBC’s Squawk Box on Tuesday. Asked if she agreed with comments saying the cryptocurrency was a “speculative” asset made by Treasury Secretary Janet Yellen late in February, the Senator said, somewhat coyly: “I think Janet’s a really smart woman.”

When pressed, she said, “‘Speculative in nature and going to end badly’ – I don’t think Janet left a lot of room for ambiguity.”

https://www.coindesk.com/bitcoin-warren-yellen-speculative-nature

That is an endorsement of Bitcoin when a socialist/fascist like Warren attacks Bitcoin. Of course she is to stupid she didn't even get Yellen's comment right.

Topic: 2021-03-03 Coindesk - Warren Says Yellen Left No Room for Ambiguity - page 2. (Read 291 times)