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Market Commentary

From SBF's Image to Warren's Fear: Crypto's Battle with Regulation | TWIC

December 12, 2022

Prompted by Mr. Wonderful's continued adoration of Sam Bankman Fried, Dave makes the point that Sam is EITHER incompetent (aka Colonel Klink) or is playing everyone (poorly) like Dr. Evil. Meanwhile those like Elizabeth Warren fear what the crypto market represents, so they are trying to use this fraud as an opportunity to try to kill it, because it puts her influence and power at risk. Finally, Dave talks about the why regulation by enforcement leads to bad outcomes instead of actually protecting investors. Image credit: tvinsider.com

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