Bloomberg Technology
Kraken CEO Calls Infrastructure Bill a ‘Complete Disaster’
Kraken CEO Jesse Powell discusses the Senate’s passage of a $550 billion infrastructure plan and its impact on the crypto industry with Emily Chang on “Bloomberg Technology.” (Source: Bloomberg)
Lena Jonathas
August 11, 2021 at 4:33 pm
I like Jesse! I DESPISE these greedy politicians in the US!!
Brandon Derrick
August 11, 2021 at 6:00 pm
In every country don’t single us out lol.
Lena Jonathas
August 11, 2021 at 6:02 pm
@Brandon Derrick Yes. But I’m defining the US because of the NONSENSICAL crypto regulations.😅
Marcie Torreance
August 11, 2021 at 4:39 pm
Hey, lets make laws about things we don’t understand!!! Lets continue to elect 87 year old officials!!!!!!!!!!!!!!! Go Vermont!!!!
F_A
August 11, 2021 at 4:54 pm
Hey lets make things that an average Joe understand.
Michael Anuzis
August 11, 2021 at 9:14 pm
The 87 year old senator you’re referring to who objected to the bill is Richard Shelby, a Republican from Alabama, not Vermont. Shelby’s BS political maneuver saying he would object to any and all other amendments if he didn’t get his own amendment for another $50B in military spending was a thinly veiled manipulation by the biggest donors that put him into office: commercial banks.
Mina Tzuga
August 11, 2021 at 5:15 pm
So much for “the government can’t stop the crypto revolution! …”. Pass some anti-crypto laws, the entire industry can be brought down on its knees in a jiffy.
B T
August 11, 2021 at 5:47 pm
Imagine 1 dollar of crypto can buy you 1 litter of milk for your kid, and the next day 1 same crypto dollar can buy you less than half? crypto has no tangible economy to back it as long as theres hype. With this kind of attitube maybe long time
Charles Causey
August 11, 2021 at 10:06 pm
Imgine that being like anything that is assigned a value.
Brandon Derrick
August 11, 2021 at 5:56 pm
This is super bearish. I’ll be selling majority of my crypto this peak. Sounds like it’s dead money.
M Dot
August 11, 2021 at 9:10 pm
stupid politicians tryin to ruin every asset class that may hedge against the dollar/inflation, and their stupid massive spending
adhd trader
August 11, 2021 at 10:05 pm
Hard to comprehend that the crypto community didnt build a proper lobby in DC long ago…did they not think crypto cld go mainstream ever? And tht the only path to mass adoption is to work w/existing structure not outside of it thinking somehow the world will magically change
Mizner
August 11, 2021 at 10:42 pm
I’m starting to wonder about Jesse.
I love that they dropped Jack Dorsey & Brian Armstrong photo over Jesse speaking… Jack and Brien are crypto executives who are in “favor” of tax fix.
I mean Jesse seems to run away when its time to comply. We don’t see him in NY. C’mon Jesse! Stop caring from afar.
Ryan Rybarczyk
August 11, 2021 at 11:08 pm
Crypto is dead.
Njul
August 12, 2021 at 12:16 am
American crypto maybe…
Ivan Nierez
August 12, 2021 at 1:15 am
In america perhaps
Doge440
August 12, 2021 at 12:46 am
complete morons