Cryptocurrency Podcast by Coin.FM - Bitcoin, Crypto and Blockchain News

   

Episode #7

Although many negative things can be -- and often are -- said about the current state of the cryptocurrency ecosystem, Christopher Giancarlo Chief of the CFTC, a financial regulatory body in the US,  brought a much needed, forward-thinking perspective to a discussion largely dominated by out of touch baby boomers.

In today's testimony, which could be viewed live on the internet, Giancarlo highlighted the fact that when transactions happen on a public blockchain, they are transparent, making the job of investigating any instances of wrongdoing that much easier.

This is in comparison to the incredible time, effort, and US tax payer money, that went into sorting through the vast mess of unscrupulous -- and frankly illegal -- behavior of some Wall Street banks and their executives leading up the the financial crisis of 2008.

Giancarlo even referenced his own niece who invests in cryptocurrency and  has opted to "hodl."

Read the official testimony from the US Senate here:

https://www.banking.senate.gov/public/index.cfm/hearings?ID=D8EC44B1-F141-4778-A042-584E0F3B9D39

 

   

Episode #6

FUD is a widely used acronym for the words Fear, Uncertainty, and Doubt.

And, it is continuing to win again this week, but not just in the cryptocurrency markets. The stock market took a  deep dive today, plunging nearly 1500 points.

Even without the bad news from Wall Street, there was plenty to make people want to cave in and panic sell.

Today, China announced that it's extending it's ongoing ban, in an attempt to completely stop and prevent cryptocurrency trading. For the moment, it remains legal for Chinese to actually own or hold cryptocurrency.

Listen to hear more news.

What are your thoughts?