This is episode 226 of You, Me, and BTC – your liberty and Bitcoin podcast.
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are some scary groups. They probably have the power to decimate parts of Bitcoin with the stroke of a pen. Of course, they don't legitimately have that power, but we sheeple concede that power to them in our imaginations.
Fortunately, those regulators had some nice things to say about Bitcoin at their hearing the other day. And in response, the Bitcoin price rebounded a bit. And lots of people - from some randos on Twitter to the Winklevoss twins - reacted with crypto optimism.
But the real questions is: Do we care? We know Bitcoin regulation is kind of a joke, but any laws created by these people would likely have serious repercussions. Like I said, we give them tons of power in our imaginations.
In this episode, we'll share more details on the hearing and our response to those tough questions. We'll also chat about some similar Bitcoin legislation going down in Nebraska and Hawaii and how you can work against it.
Check the list below for some of the specific stories we'll cover and catch the livestream tonight at 9PM Eastern. See you soon!
- SEC, CFTC Breathe Life Into Floundering Crypto Market
- Winklevoss Twins Say Bitcoin Will Hit $320,000 and Non-Believers Suffer a 'Failure of Imagination'
- The SEC Sounds Like My High School Principal – YMB Podcast E185
- Abolish the Bitlicense
Your hosts this week are Daniel Brown, Tim Baker, and Zack Voell. Don't forget to scroll down so you can keep up with our open tweet lines, vote in this week's Bitcoin poll, and share your thoughts in the comments!
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Tips appreciated: 1Kiy8x4pwMS7RQuH7xDeVcfqeup7gUTqA
— You, Me, and BTC (@YouMeAndBTC) February 9, 2018