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

Started by OZER, Feb 07, 2022, 06:11 PM

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I#39m late baby boomer and i am feeling really disturbed by how this generation take risk in financial market.brbrI am lucky enough to be taught to be successful you#39ll need to invest time and patience, if you are not from a wealthy family, your hard work might be fully enjoyed by your kids and grandkids and you only enjoy a small fraction of it since either you are to old or already in your late hour of life.

Great information!  Thank you for this thread. And no I will not trust in stable coins again after this disaster.

Interesting... After all this time telling us that increased wages won't increase prices

Definitely NOT a 2008 crisis or related to Lehman Brothers as Terra and Luna and Do Kwon is literally a Ponzi scheme! High returns, manipulation, and getting more users is what a Ponzi scheme is.

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.



Black Americans need the government funding to start business and they know help black Americans become owners

Higher wage jobs are going to be sent over shores Your going to need a graduate degree  Only a former fed crony would make that claim so lightly without providing supporting evidence or exploring in depth the damning implications of being correct.

ah yes another possible major financial crissis,what a time to be alive

FED has been asleep, or deliberate sabotage is happening with money printer ( benefit the rich, at expense of poor). Stagflation is the next stop... especially under the "leadership" of the current administration


I once heard someone say that something that cant last forever will end

Celebrity Musk now runs the economy.  I got a "super bad feeling" for you Musk.  You better know where your Li, Co, W are coming from as it will be much easier to pump fossil fuels out of the ground very soon.