Crypto Skeptics Ask Congress to Be ‘Critical’
Bloomberg’s Sonali Basak joins Emily Chang to talk about the open letter signed by 1500 crypto-skeptic technologists and sent to Congress, calling on it to adopt a ‘critical approach’ to the new technology.
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August 3, 2022 at 12:44 am
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xalspaero
August 3, 2022 at 12:13 am
whereas skepticism in general is healthy and even essential, in this case the skeptics are on the losing side of the argument. there’s lots of really smart people who absolutely hate crypto but they still lose the argument anyway, which is hilarious. this is because they miss the most important detail of all: bitcoin has value because I say it does. you lose. explain how it goes to zero if i’m not going to stop buying it until i’m dead?
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August 3, 2022 at 12:31 am
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Paul
August 3, 2022 at 12:31 am
Talk to way too many hype storm bulls on this channel
Forgotten World
August 3, 2022 at 1:06 am
Come on Bloomberg. The problem with crypto is that people have no idea of what it is, as most can’t understand money either. So this lot of talking without also understanding the fundamentals will not help. It’s the same as thirty years ago, when media and people were discussing how Internet was a useless thing, while companies like Google and Amazon were just starting their fortunes. Discussing blockchain is ridiculous.
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