James Mackintosh
speaker
379 appearances
7 recordings
1 series
first heard Nov 2017
last heard Nov 2024
James Mackintosh’s voice in public audio — every appearance, attributed to the second.
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Appearances
So if you ease the regulations, the ones that are going to do well are the ones that currently are very restricted by law.
regulation.
There's a vast number of cryptocurrencies out there, but the cryptocurrencies that are currently treated more like stocks, it's very hard to sell those in the US because you're supposed to issue a prospectus and that's just unrealistic for a cryptocurrency.
In principle, it's a cryptocurrency in the same way.
It's a joke.
The thing was created as a joke, which is probably why it appeals to Elon Musk.
He obviously has applied his own unique sense of humor to the naming of the Department of Government Efficiency, which has the initials Doge.
But it doesn't have one of the key features that Bitcoin has, which is that its supply is limited.
So whilst there's been a lot of it created since it was invented, it ultimately, there's a cap on how much will ever be issued.
And that's not the case for Dogecoin.
So there's an unlimited supply of that.
Well, it ought to be good.
So cryptocurrencies, it means that it'll be easier for them to be marketed.
It'll be easier for them to be launched.
It'll be easier for them to be listed on US exchanges, not stock exchanges.
I should be clear here about cryptocurrency exchanges.
And if all of that's possible, that makes it easier to sell it to people.
I think this is a bubble.
It has the characteristic of ludicrous overvaluation, totally disconnected from fundamentals.
It has buyers who are coming in knowing perfectly well that there's no connection to fundamentals.
Showing 61–80 of 379 · page 4 of 19
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