SEC Commissioner Peirce: The logic for why we haven't approved a bitcoin ETF has always mystified me

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All the SEC needs to do it make sure that the exchanges are legit, with sufficient reserves so we don't see another FTX. As she said, the SEC shouldn't be telling me what I can and can not invest MY money in. Gary Gensler needs to be fired.

danielletownsend
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Its nice to see that sec seems to have atleast one sane person. hester is great.

Ryukendn
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Peirce makes a lot of sense with her regulatory views, she should be the next head of the SEC.

TheGreatVeE
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Finally someone at the SEC who makes sense

yurties
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She is the only one at the sec speaking sense

matts
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As a newbie about to invest, you most have this four things in mind!
1. Have a long-term mindset.
2. Be willing to take risk.
3. Be careful of money usage, if you're not spending to earn back, please stop spending.
4. Never claim to know: Ask questions and it's best you work with a financial advisor. I made it as newbie by working with Miss NORA and today I can show alot of my achievement.

RachealAleid
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I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Samantha Kaindi.

AmandaMilizer
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The substitution of Bitcoins for cash seems to be simply one more link in a chain of dependency on some currency that measures value?
In 1971 the Nixon Administration substituted Fiat Dollars for Gold Standard Currency, while a Rockefeller Bros Errand Boy roamed the White House Hallways. Their Family Bank did become the largest after that event.
The Paulson and Bernanke effort to substitute Credit Cards for cash seemed to continue in that vein, and Chase has created Digital Markers to replace Cash.
The effort to install another Digital Dollar to substitute for cash in the continued support of the Capitalist System, appears to support the profits of Wealthy Investors?
This Lovely Woman seems brave to suggest such a policy

danielhutchinson
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They did not approvevit because crypto is commodoty, not security

bio-voyager
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Did the SEC Commissioner just say that the SEC should have approved a BTC ETF five years ago and the logic about why they haven’t mysteries her???

MicR
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I have been exchanging for around a half year now and pretty much every exchange explosions and smacks me my face. Almost unthinkable for me to get in excess of a couple of focuses I attempt to do top down examination however it doesn't work for me . I share with myself, obviously I'm in the 90% that lose cash, so I open a demo account, do my examination, then take something contrary to what I would typically take and come by a similar outcome. I'm beginning to feel miserable, any guidance for a striving merchant?

asadchong
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How does an SEC commissioner not know why her colleagues work the way they do or what their intentions/goals are? It sounds as if she works in another agency/building. What am I missing?

classicsforever
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Im DCAing in AED69X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

nisaliyeva
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All the cnbc bots in the comments are crazy

lilgbop
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More people need ro invest in the blue chips here. Im around 90% between BTC and AED69X combined. Good advice Lark thanks!

Trenggalek
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Why are we beholden to unelected regulators operating in the dark?

RiazMissaghi
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How can this lady being 1 of 5 sec officers be bullish on the use case for crypto but achieve nothing to provide clear guidelines on regulation. Whilst gensler might be head of the snake, she talks as though she’s not part of what the commissioner does. What am I missing?

ajc_rypto
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Bitcoin digital gold and Kaspa Digital Silver ($KAS) is all you need for the next 5 years

PlanetaCancion
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Who wants to be the one to tell them... that they can talk regulation all they want, but true DeFi will never be able to be regulated. Because there is no shut-off switch and nobody or no centralized business to go after...

MUCL
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Why have SEC commissioner on and her say nothing?

Steelers-rkig
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