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#1359
Lance Thompson
302 Posts

Good people,

Yesterday on Thursday, October 11th, 2018 up on Capitol Hill the Senate Banking, Housing & Urban Affairs Committee held a hearing on cryptocurrencies to help determine the way they should be regulated by the U.S. Government and they did it much in the same way that they do a lot of interviews on CNBC & Bloomberg:

 

-On the left side of the table you had Dr. Nouriel Roubini who was the cryptocurrency bear at the hearing….. in other words he’s the skeptic. He’s an American economist who teaches at New York University’s Stern School of Business & is also Chairman of Roubini Macro Associates LLC, an economic consultancy firm. He holds degrees from Harvard, Bocconi University & Hebrew University of Jerusalem.

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-On the right side of the table you had Peter Van Valkenburgh who was the cryptocurrency bull at the hearing…..in other words he’s the advocate. Peter is the Director of Research for Coin Center. He is formerly the Google Policy Fellow for TechFreedom. He has a JD from New York University’s School of Law & a BS in Economics from George Mason University.

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Be advised that this hearing lasts for an entire 1 hour & 4 minutes (64 minutes) so be sure to watch it when you’ve got some spare time on your hands, just know that if you plan to or are already investing in cryptocurrencies DO WATCH IT because this hearing tells you the specific direction that the U.S. Government & the White House are “strongly” considering going in when it comes to regulating cryptocurrencies, which if you invest in them WILL AFFECT YOU & therefore WILL AFFECT YOUR MONEY…..don’t think it won’t…..don’t think it won’t. The White House & Republicans are quite bullish on cryptocurrencies so I’m 100% sure that the suggestions by Mr. Van Valkenburgh are being taken very serious by them. Also, don’t pay any attention the clip at the conclusion of the hearing from the 1 hour & 4 minute mark to the 1 hour & 48 minute mark. All that is is dead space. Enjoy.

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