New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022

[grip]

If someone would actually model Teslas EPS on just the car business to 2025, I would listen to their case.

[rodi]

Can you make a thread explaining how beginners can make huge profit within a short period of time?  I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.

[gifu]

Please don't try to mislead people. 5:50 "Bitcoin right now doesn't have fundamental value". Neither does fiat currency, other than maybe using bank notes as toilet paper or kindling. The value is just an agreement between people. You CAN buy valuable stuff with Bitcoin the same as with USD, if the seller agrees that it can be exchanged for goods. Many people and companies do. I don't hold any crypto but I'm interested to see where it goes.

[warm]

We are all thankful for Mr Brooks

[ivey]

Sounds like both sides are discontent with the SEC

[afw]

They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive.  Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation.  The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money.  Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use).  I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.

[ways]

People like him should be prosecuted, brought to justice and let them feel what others have gone thru, they can not be left at large to scam again, wonder how many people have actually ended in hospitals, lost their lives or about to. the whales out there should look for him ..

[lug]

What if these actors were US governance who planned this attack to show how crypto is unstable.

[XCL4]

Find it a bit odd that stablecoins are just all being lumped together without talking about their differences. USDCUSDT, UST and DAI work very differently. USDT is (supposed) to be backed by  redeemable for 1$, DAI is over collateralized, and well.. UST (along with other algorithmic stables) is a bubble as we have seen time again.

[Kees]

Who benefited from this crash?

[DBTB]

The people you have talking about crypto cannot even spell it...come on.

[kyle]

quotonly put in what you#39re prepared to losequot, every investors say this, yet the majority wouldn#39t listen. Hope this is like a wake up call for the masses.

[Jaxe]

Amazing thread. I began watching your threads last year,  before giving the cryptocurrency market a trial. I was able to make $27,380 in one month with a start up of  just $4000 by trading with an experienced expert like Ricky Brian who guided me through out my trading.

[vet]

No way to stop. Prepare your next destination, this train will get worse.

[oui]

cut your credit cards, stop using your stupid phone and these guys will wither....we are run by criminals and biden is a criminal, just like all these presidents are.  and it will continue.  Ignorance is not bliss.