Another whirlwind week in crypto is drawing to a close, and there is certainly no shortage of spicy stories and new, compelling narratives in the world of innovative digital money. This week, Elon Musk offers investment advice, United States Securities and Exchange Commission Chairman Gary Gensler caught flak from SEC Commissioner Hester Peirce, and Joe Rogan called bitcoin a viable currency, noting that it would make the government “useless”. ” have been found. Gear up and look alive, it’s Bitcoin.com News Week in review.
Joe Rogan: Bitcoin Is Now A Viable Currency And The Government Is Going Crazy
Well-known podcaster Joe Rogan, host of The Joe Rogan Experience, talked about bitcoin in his show posted on Tuesday. The show features an interview with UFC Light Heavyweight Fighter Khalil Rowntree Jr.
Noting that bitcoin is “a viable form of currency” now that “you can actually buy things,” he said, “the government is going crazy.”
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Lawmakers, SEC Commissioner Slam Chair Gensler to Focus on Crypto Enforcement
Several US lawmakers and a commissioner of the US Securities and Exchange Commission (SEC) have expressed concerns about the securities regulator expanding its crypto enforcement arm.
“The SEC is a regulatory agency with an enforcement agency, not an enforcement agency.”
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Tesla CEO Elon Musk gives investment advice
Tesla and SpaceX CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.”
Some noted that Musk’s strategy is similar to the one adopted by Berkshire Hathaway CEO Warren Buffett.
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US Central Bank hikes rates by half a percentage point, Fed’s Powell says similar hikes are on the table
The US Federal Reserve raised the benchmark interest rate on Wednesday, the biggest rate hike in two decades.
“Inflation is very high,” central bank chairman Jerome Powell said after the Fed raised rates by 0.5%.
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What are your thoughts on this week’s hottest news? Let us know in the comments section below.
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