Oddbean new post about | logout
 https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023 
 Oh that wasn't there a couple hours ago 
 “Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,money laundering,sanction evasion,and terrorist financing.”

Fuck you Gary Guzzler