Hannah Rosen

SEC Chair Gary Gensler describing the world of cryptocurrencies as the Wild West.

SEC Chair Gary Gensler describing the world of cryptocurrencies as the Wild West.

When we're back, what does a crypto doomsday scenario look like? And how worried do we really need to be?

When we're back, what does a crypto doomsday scenario look like? And how worried do we really need to be?

When we're back, what does a crypto doomsday scenario look like? And how worried do we really need to be?

OK, one thing you said that isn't so clear to me, you mentioned a Bitcoin reserve. Like, I understand what an oil reserve is. I can visualize it. I can get what it's for. What is a Bitcoin reserve and why is that interesting to Trump?

OK, one thing you said that isn't so clear to me, you mentioned a Bitcoin reserve. Like, I understand what an oil reserve is. I can visualize it. I can get what it's for. What is a Bitcoin reserve and why is that interesting to Trump?

OK, one thing you said that isn't so clear to me, you mentioned a Bitcoin reserve. Like, I understand what an oil reserve is. I can visualize it. I can get what it's for. What is a Bitcoin reserve and why is that interesting to Trump?

Okay, so you have inched towards answering my big question, which is, let's say I never plan to buy or even think about crypto. I listen to this conversation. We talk about weakened regulations, no more enforcement. What risks do I have? Like, what risks am I holding?

Okay, so you have inched towards answering my big question, which is, let's say I never plan to buy or even think about crypto. I listen to this conversation. We talk about weakened regulations, no more enforcement. What risks do I have? Like, what risks am I holding?

Okay, so you have inched towards answering my big question, which is, let's say I never plan to buy or even think about crypto. I listen to this conversation. We talk about weakened regulations, no more enforcement. What risks do I have? Like, what risks am I holding?

So that's effectively just another way in which we are becoming a corrupt banana republic kind of country.

So that's effectively just another way in which we are becoming a corrupt banana republic kind of country.

So that's effectively just another way in which we are becoming a corrupt banana republic kind of country.

Right.

Right.

Right.

Yeah. I mean, it doesn't sound outlandish to me. And that's exactly what I was going to say. The reason it doesn't sound outlandish is because we all lived through the subprime mortgage crisis. And we understood eventually that there were a whole bunch of things happening behind the scenes, like complicated financial arrangements that weren't like exactly under the radar.

Yeah. I mean, it doesn't sound outlandish to me. And that's exactly what I was going to say. The reason it doesn't sound outlandish is because we all lived through the subprime mortgage crisis. And we understood eventually that there were a whole bunch of things happening behind the scenes, like complicated financial arrangements that weren't like exactly under the radar.

Yeah. I mean, it doesn't sound outlandish to me. And that's exactly what I was going to say. The reason it doesn't sound outlandish is because we all lived through the subprime mortgage crisis. And we understood eventually that there were a whole bunch of things happening behind the scenes, like complicated financial arrangements that weren't like exactly under the radar.