Sen. Warren: When You Buy Crypto, Are You Buying Air?



Sen. Elizabeth Warren (D-Mass.) joins Meet the Press Reports to talk about the value of cryptocurrency and what kinds of regulations she would like to see enacted.
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#Crypto #CryptoCurrency #MeetThePressReports

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29 comments

  1. I agree there are many who do not have a complete understand of crypto or cryptocurrency etc. but…chuck todd and elizabeth warren don't have a clue That's scary because they want to regulate something they have no understanding of…only so it can be taxed or provide an unending stream of money to the already overreaching us govt

  2. these politicians think govt is the answer to everything…..thats the problem

  3. "When everyone runs to the bank to get their money, there will be something there". Oh boy, she assumes that the masses do not understand the concept of fractional reserve banking (essentially now zero when the pandemic hit) and that the FDIC cannot possibly cover an en masse bank run. God help us if we encounter a bail-in just based the experiment ran on how people reacted to the rumor of a toilet paper shortage. USD is fiat, no longer backed by gold…oil is no longer exclusively
    purchased in USD.

  4. Now, in days people have more trust on cryptocurrency more than traditional currency..

  5. When I vote, does it matter?

  6. Crypto only works if you have electricity and the internet, what happen if you lose both ? At least with Something physical like gold, silver or a dollar bill you can see it. 🤷‍♂️

  7. Imaginary money = crypto

  8. Avoid picking random coins unless you are actually willing to research them. If you listen to these YouTube guys most aren't professionals and chase big returns by investing in the latest hot picks, you’re likely to overpay.

  9. 👋Hello Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

  10. Still much better than paying on most nonsense taxes for their lifestyle.

  11. I am a democratic supporter, but I can not stand Elizabeth Warren.

  12. same as any currency. nothing backs the dollar and we keep printing more.
    criminals use cash not crypto.
    crypto "bubble" has lasted for 10+ years.
    Elizabeth Warren net worth $12 million is clueless.

  13. "Confidence" is the same thing supporting the cash in your pocket… Our money is not backed by gold anymore. It is all confidence. If it crashed the government would attempt to save it, but it can still crash… She is acting like a cryptocurrency is bad because it can crash. They just crash in different ways.
    Man… I really thought Senator Warren was much smarter than this…

  14. 'Religion' which is technically a 'Belief System' has been able to generate Trillions over centuries! But 'That Money Was Built By Humans Not An Algorithm.'

  15. Instead of being backed by a country and its regulations, a cryptocurrency is backed by our current technology's inability to perform mathematical functions. They are both currencies. They just get their value using different avenues. It's "air" as much as your money in your bank account is "air".

  16. Wtf is she talking about? Shib donated millions to India for Covid. That seems very tangible to me.

  17. So glad Americans didn't vote for this dingbat.

  18. American politicians are stupid, sick, incompetent slimeballs.

  19. Made $1000 off air last week. LOL

  20. Apparently we need a metaphysics and mathematics lesson. Are numbers real? Is math real? Nah. They're not important for launching rockets or calculating profits–or for Bitcoin. I sense that Chuck Todd (watch his body language) understands Bitcoin sufficiently as he tries to endure this promulgation of vacuity.

  21. Great video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with ALEX MATHEW in few weeks this is one of the best medium to backup your assets incase it goes bearish

  22. take a look who funds Sen. Warren before you waste your time watching this vid, she is fully bought and paid for

  23. When you buy a government promise, are you buying air?
    😱🤫

  24. Crypto is a Ponzi scheme. Plain and simple. “A sucker is born every minute.” There is NO finite amount of one’s and zeros in the binary world.

  25. Keep your hands off my crypto you wretched old witch.

  26. Another great question should've been:
    In order for you to formulate an idea or opinion on crypto currency, it seems you have zero knowledge how crypto currency works.
    Do you suffer from Airhead syndrome?