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blk:public:00_news:2022-06-11a [2022/07/11 15:26] nick |
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//Perhaps not yet. But a higher opportunity cost of money disproportionately drives down the prices of assets whose main uses lie in the future. Ultralow interest rates flattered crypto, and young investors are now getting a taste of what happens when interest rates go up.// | //Perhaps not yet. But a higher opportunity cost of money disproportionately drives down the prices of assets whose main uses lie in the future. Ultralow interest rates flattered crypto, and young investors are now getting a taste of what happens when interest rates go up.// | ||
- | //A more interesting question is what will happen when governments finally get serious about regulating bitcoin BTCUSD, -2.49% and its brethren. Of the major economies, only China has so far begun to do so. Most policymakers have instead tried to change the topic by talking about central bank-issued digital currencies (CBDCs).// | + | //A more interesting question is what will happen when governments finally get serious about regulating bitcoin BTCUSD, -2.49% and its brethren. Of the major economies, only China has so far begun to do so. Most policymakers have instead tried to change the topic by talking about central bank-issued digital currencies (CBDCs). |
//</WRAP>| | //</WRAP>| | ||
^ URL: | [[https://www.marketwatch.com/story/when-the-crypto-crisis-hits-and-it-soon-will-the-u-s-will-be-forced-to-strip-away-the-cloak-of-anonymity-that-facilitates-criminal-acts-and-which-gives-crypto-its-allure-11654614986]] | | ^ URL: | [[https://www.marketwatch.com/story/when-the-crypto-crisis-hits-and-it-soon-will-the-u-s-will-be-forced-to-strip-away-the-cloak-of-anonymity-that-facilitates-criminal-acts-and-which-gives-crypto-its-allure-11654614986]] | |