Alexander Osipovich

Bitcoin definitely has a history of crashing in spectacular fashion after hitting records.

Bitcoin definitely has a history of crashing in spectacular fashion after hitting records.

If cryptocurrencies become part of the financial system and banks hold them and asset managers hold them and it becomes part of kind of regular financial interactions, then

If cryptocurrencies become part of the financial system and banks hold them and asset managers hold them and it becomes part of kind of regular financial interactions, then

that if there is an abrupt sudden crash, that could unleash a giant financial crisis that would have ripple effects into the broader economy, much the same way that the crash of housing in 2008 led to a broad economic slowdown really around the world.

that if there is an abrupt sudden crash, that could unleash a giant financial crisis that would have ripple effects into the broader economy, much the same way that the crash of housing in 2008 led to a broad economic slowdown really around the world.

Potentially, they might even do some things that would bolster the price of Bitcoin. There is talk of having a strategic Bitcoin reserve where the U.S. government would hold on to a stash of Bitcoin, much the same way we have a strategic petroleum reserve.

Potentially, they might even do some things that would bolster the price of Bitcoin. There is talk of having a strategic Bitcoin reserve where the U.S. government would hold on to a stash of Bitcoin, much the same way we have a strategic petroleum reserve.

And, you know, to a large degree, that's still the case. You have this weird situation where crypto is now close to the apex of political power and deriving benefits from that, which begins to sound a lot like other industries that we have in America.

And, you know, to a large degree, that's still the case. You have this weird situation where crypto is now close to the apex of political power and deriving benefits from that, which begins to sound a lot like other industries that we have in America.

Bitcoin definitely has a history of crashing in spectacular fashion after hitting records.

If cryptocurrencies become part of the financial system and banks hold them and asset managers hold them and it becomes part of kind of regular financial interactions, then

that if there is an abrupt sudden crash, that could unleash a giant financial crisis that would have ripple effects into the broader economy, much the same way that the crash of housing in 2008 led to a broad economic slowdown really around the world.

Potentially, they might even do some things that would bolster the price of Bitcoin. There is talk of having a strategic Bitcoin reserve where the U.S. government would hold on to a stash of Bitcoin, much the same way we have a strategic petroleum reserve.

And, you know, to a large degree, that's still the case. You have this weird situation where crypto is now close to the apex of political power and deriving benefits from that, which begins to sound a lot like other industries that we have in America.

In 16th century Rome, there was quite a thriving culture of placing wagers on the results of papal conclaves. And this led to a very thriving rumor mill called where information would leak out of the conclave and things got kind of out of hand. Bookies and brokers were accused of manipulating the markets.

In 16th century Rome, there was quite a thriving culture of placing wagers on the results of papal conclaves. And this led to a very thriving rumor mill called where information would leak out of the conclave and things got kind of out of hand. Bookies and brokers were accused of manipulating the markets.

There were also allegations of insider trading by people close to the cardinals who knew what was going on. Eventually, the papacy cracked down on this, and in 1591, Pope Gregory XIV issued a papal bull that banned wagering on papal elections on penalty of excommunication.

There were also allegations of insider trading by people close to the cardinals who knew what was going on. Eventually, the papacy cracked down on this, and in 1591, Pope Gregory XIV issued a papal bull that banned wagering on papal elections on penalty of excommunication.