Free Markets vs. Investor Protections: The Latest from Warren and Gensler on Crypto

At this time on The Breakdown, NLW examines SEC Chair Gary Gensler’s testimony yesterday in entrance of the Senate Banking Committee. He discusses:

How some allies from the Infrastructure Invoice put the screws to Gensler on lack of readability round securities designation How Gensler is making an attempt to redefine stablecoins Warren and Gensler’s doubtful understanding of ETH charges The central downside of free markets vs. investor protections NLW additionally covers the Solana outage and the stories of insider buying and selling at OpenSea.

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  1. I love what Gary Gensler is doing. Too many scamy, redundant, and useless cryptos that need to be regulated or shut down. Bitcoin is king! All other cryptos are suspect.

  2. The last 4 minutes where you give your take is absolute fire and one of your best pieces. I don't actually know how many listens you get on your podcast but your YouTube channel is criminally underrated.

  3. <If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is very unstable and you can not tell if it's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 6.5BTC from 2.4 BTC in just August from implementing trades with tips and info from Troy Owen.

  4. Sleazy Gensler is as bad Warren who had lunch with Jammie Dimon then suddenly started in Wells Fargo in underhanded way. So Warren sets up Crypto to be compared to Wells Fargo and corrupt practices of Wall
    Street. They are ignorant of digital realm.

  5. Berkeley Socialist Yellen makes no sense and is making a mess with trashing little landlords, curious government centralization and control via BlackRock of real property.

  6. Politicians like Warren are why we should expand the bill of rights and implement term limits on anyone participating in creating laws. These people have a fetish with regulating everything you do right down to your heartbeat.

  7. The Democrats party is controlled by left wing radicals who hate capitalism and Western Civilization. They’re all about control and protecting the status quo. We don’t need to negotiate with them and find a middle ground. These communists should be defeated and destroy!

  8. I thought Gary was for Crypto. I will be voting in the next and every election from now on. Who dont like Crypto will have to go. This is the only industry that Aim to level the playing field!!!!

  9. If it can be regulated it is not decentralized. Gensler is right that Satoshi’s innovation is real and most others are not. It seems that he is determined to give that a stress test.

    As Dalio said “governments will try to kill it”. Rather naive to try to appeal to them and beg for mercy. Stop the decentralization theatre if we want to win. If it’s not obvious yet that at this point only Bitcoin is decentralized, and few others have a chance to become decentralized. If you are not helping Bitcoin to win against governments, and instead diverting resources to some alt crap, you are no different than helping Gensler/Warren et al. You are part of the problem.

  10. It boggles my mind how you do not have 100x more subscribers than you do. You always do a great job covering the bitcoin and crypto landscape and feed it to us in very chewable pieces. Keep up the great work!

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