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    Bitcoin tumbles 3%, and IMF warns against making crypto legal tender: CNBC Crypto World



    CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Lee Reiners, policy director at the Duke Financial Economics Center, explains why crypto’s harms outweigh its benefits.

    Chapters:
    00:00 – CNBC Crypto World, Feb 24, 2023
    0:20 – Crypto prices drop
    0:45 – The headlines
    2:39 – Lee Reiners of Duke University

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    Bitcoin tumbles 3%, and IMF warns against making crypto legal tender: CNBC Crypto World

    View 46 Comments

    46 Comments

    4. Sun Soul X on

      This guy is a hater. If he doesn't "like" crypto technology don't participate. It's not technology's fault that the Financial system has become outdated. The international community will go forward with blockchain technology while America debates its reverence. Paternalistic overreach when you have gambling, sports betting, casinos and Wall St. to reign in.

    7. NATH on

      To my understanding this just proves how much we need an edged as an investors because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market,what are your thoughts?!

    8. Walker Jasper on

      The good thing about the space is that you can buy the dips and put them into active trades making profits from trades while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Ryan Donalds. I made 9.3 BTC from the recent crash in the market within a period of six weeks.

    20. Charlotte Smith on

      To my understanding this just proves how much we need an edged as an investors because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market,what are your thoughts?!

    22. Juan Dorta-Duque on

      Reiner please, for 100 years dollars have been used to prop up wars, all kinds of illegal activities and avoidance of sanctions. Get off your high horse. People like you and the IMF are part of the problem, not the solution. Good luck banking on the US dollar. We will chat in 10 years and see how wins

    27. Jeff V on

      In the big picture, we're seeing how incredibly difficult it is to deal with such a massive fraud as crypto that is fueled by millions of uneducated speculators. Bitcoin, e.g., should have been dead years ago but there's SO MANY unfortunate flks who still believe the unsustainable gains back in late 2020 are still possible. Just tragic. The question now is, "How low will it go?" Impossible to say, but probably close to zero over the long term. I've loaded up on Bitcoin shorts and feel confident of solid gains.

    28. LUXcars on

      all racists are racists because their girlfriends left them because of a black/foreigner man .
      all Bitcoin haters are bankers and those who missed it 2009

      😂😂😂

    29. E on

      People, this is the financial institutions of the world trying to stop the adoption of crypto and maintain control of the financial system. Think about all of these countries with unstable financial systems..

    31. KG on

      "Come in and talk to us"? What does that mean? The problem is they don't know how to be in compliance because no examples have been set.

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