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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They have enough authority as it is they should not be controlling us like this


I had some money in the UST Anchor scheme... Figured the 20% rate was unsustainable,  but thought it would come down slowly as they started going in May (reducing the rate by 2% every month while the rate was unsustainable). Either way, seemed risky so kept the amount reasonably low. Lesson learnt - if something seems unsustainable, shouldn#39t try to squeeze some last potential gains out of it.brbrIn hindsight, the biggest mistake was allowing UST to grow beyond its organic demand - they should have kept the maximum allowed UST growth relative to the demand on  retail payments, and never incentivized the Anchor lending in any way. Unfortunately Do Kwon had all the incentives to grow the LUNA project as fast he could, and that#39s what he did.

The end of the dollar could be near. Too much chaos going on in the world, and there's no telling what we're going to experience in this new year coming up.

power to set and adjust prices..In order to beat inflation..you really have to own stocks in companies that have the market dominance

It's amazing to see the difference in competence between the people in the crypto business and some of these lawmakers.  Some of the questioners still clearly do not understand the area.  How can they regulate?




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.

Don't worry guys, they said it's transitory... also the Vax is perfectly safe.