The fall of Crypto King FTX may be the beginning of the end of rampant speculation in cryptocurrencies. What was originally thought to be a way out of government regulation and oversight may turn out to be the catalyst for the most intrusive and far-ranging government regulation of your finances and personal information in the history of this planet.
Make no mistake: Block chain and distributive ledger technology is here to stay. It is the next wave of accounting and information storage and exchange. However, the marquee names for crypto currencies like Bitcoin, Ethereum and Tether may just have been the latest Ponzi Scheme or Tulip Mania, and may give way to sovereign controls, as governments across the planet supplant or take control of crypto currencies like Bitcoin in the name of regulation or consumer safety.
Listen to the re-release of my interview with Dr. Philippa Malmgren, economist, entrepreneur and former Presidential Advisor as we discuss these topics. Pippa is wonderfully insightfully and will give you a likely view into the future of crypto, NFTs and more so you can determine whether the rust to crypto craze is the latest Ponzi scheme or the beginning of a Brave new World, and………. Who will be the winners and losers in the Crypto World?
In our Legal Segment: SLG will examine the latest news on the FTX bankruptcy, a test run for the U.S. Digital Dollar and new regulations governing discharge of student loan debt in bankruptcy.
Disclaimer: None of the legal, or financial opinions or information expressed in this podcast may be relied on as legal, or investment advice by Scheer Law Group, LLP. Laws and economic issues affecting the subjects of this podcast change daily. This mandates specific review of legal or economic issues of interest or concern to you with legal counsel or financial advisors who are experienced in the areas of law or finance discussed in this podcast.
For more on Scheer Law Group, LLP, go to www.scheerlawgroup.com
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