Joe Rogan Says Bitcoin 'Scares' Government, Latest Inflation
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Another whirlwind week in cryptocurrencies is coming to a close, and of course there is no shortage of hot stories and new and compelling narratives in the innovative world of digital finance. This week, Elon Musk offers investment advice, US Securities and Exchange Commission Chairman Gary Gensler takes heat from SEC Commissioner Hester Peirce, and Joe Rogan calls Bitcoin a viable currency, noting that it has caused the government to “get upset.” Buckle up and look live, this is the Bitcoin.com News Week review.
Joe Rogan: Bitcoin is now a viable currency and the government wants it. Popular podcaster Joe Rogan, host of The Joe Rogan Experience, spoke about Bitcoin on his show, which was published on Tuesday.
The program includes an interview with a fighter
UFC Khalil Rountree Jr. He noted that Bitcoin is now a “viable form of currency” that “you can actually buy things with,” and said, “The government is confused.”
Lawmakers, SEC commissioner, peace chief Gensler to focus on crypto enforcement. Several US lawmakers and a commissioner at the US Securities and Exchange Commission (SEC) have expressed concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an executive agency.” Tesla CEO Elon Musk Shares 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 have noted that Musk's strategy is similar to that espoused by Berkshire Hathaway CEO Warren Buffett. The US central bank raises interest rates by half a percentage point, and the Fed's Powell says similar increases are on the table. The Federal Reserve (US central bank) raised its benchmark interest rate on Wednesday and the increase was the largest increase in interest rates in two decades. “Inflation is too high,” central bank Chairman Jerome Powell said after the Fed raised interest rates by 0.5%.
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