Another whirlwind week in crypto draws to a close, and of course there’s no shortage of spicy stories and new, compelling narratives in the world of innovative digital money. This week, Elon Musk gives investment advice, United States Securities and Exchange Commission chair Gary Gensler catches flack from SEC commissioner Hester Peirce, and Joe Rogan calls bitcoin a viable currency, noting that it’s got the government “freaking out.” Buckle up and look lively, this is the Bitcoin.com News Week in Review.
Joe Rogan: Now Bitcoin is a Real Currency, and the Government Doesn’t Care
Joe Rogan (the host of Joe Rogan Experience), a famous podcaster, discussed Bitcoin on Tuesday’s show. Interview with Khalil Rountree Jr. UFC light-heavyweight fighter
Noting that now bitcoin is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.”
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SEC Commissioner and Lawmakers Slam Gensler to Focus on Crypto Enforcement
Several U.S. senators and a U.S. Securities and Exchange Commission Commissioner (SEC), expressed concerns over the expansion of crypto enforcement by the securities regulator.
“The SEC is a regulatory agency with an enforcement division, not an enforcement agency.”
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Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’
Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.”
Some people noted that Musk’s strategy is similar to one adopted by Berkshire Hathaway CEO Warren Buffett.
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US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
On Wednesday, the U.S. Federal Reserve increased the benchmark rate of interest. This was the largest rate increase in over two decades.
“Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%.
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What are your thoughts on this week’s hottest stories? Leave your comments below.
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