SEC Chair Gensler: Crypto is a field 'that's been rife with fraud and manipulation'

  Рет қаралды 40,896

CNBC Television

CNBC Television

3 ай бұрын

SEC Chair Gary Gensler joins 'Squawk Box' to discuss the approval decision of spot bitcoin ETFs, the state of bitcoin and cryptocurrency at large, crypto regulation, and more.

Пікірлер: 500
@bobthebuildaa
@bobthebuildaa 3 ай бұрын
Joe is the Real MVP
@GibsonJames-gr3on
@GibsonJames-gr3on 3 ай бұрын
No doubt being financially free and not having to worry much about health care and other expenses cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
@Churchillhump2268
@Churchillhump2268 3 ай бұрын
Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan
@Churchillhump2268
@Churchillhump2268 3 ай бұрын
from a personal angle I'm aware continuing to invest in periods of higher volatility is a Smart way to build wealth.
@V.stones
@V.stones 3 ай бұрын
indeed, most people downplay the roles of financial planners until burnt by there mistakes. Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative. I've been able to navigate the volatilities and scaled up 880k from 220k with professional guidance.
@wehrine
@wehrine 3 ай бұрын
I am actually in search of a good financial advisor because to be honest, I have little knowledge about making investments
@V.stones
@V.stones 3 ай бұрын
Nathan Travis Cook
@Cristian_M_
@Cristian_M_ 3 ай бұрын
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.......
@eileengardner5462
@eileengardner5462 3 ай бұрын
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invsted on time and also with the right terms now I have time for my family and the life ahead of me
@TuncayErol-jy1il
@TuncayErol-jy1il 3 ай бұрын
​@@eileengardner5462Wow, this is really amazing. How do you come about it
@Radinovicmarco
@Radinovicmarco 3 ай бұрын
Wow, this is really amazing. How do you come about it
@Kennet.Bell.
@Kennet.Bell. 3 ай бұрын
Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate
@dustireller3953
@dustireller3953 3 ай бұрын
You’re right but a lot of people remain poor due to ignorance
@dmv_23_10
@dmv_23_10 3 ай бұрын
The AMZPKK handles this year incredibly well, they outperform most others and the entry with 1 USD is better than anything else right now. Love the vision and progress in this one
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer.
@stephenoneill2844
@stephenoneill2844 3 ай бұрын
@@SuicidalBabyTTV Thank you for your service. Low life scammers are out of control in crypto.
@killsourenemy
@killsourenemy 3 ай бұрын
These scamming bots are everywhere on YT.
@one1blue
@one1blue 3 ай бұрын
Scam
@beatrizibarra5743
@beatrizibarra5743 3 ай бұрын
Swapping my ETH and swapping to AMZPKK. Already up as expected. I wish I left on all the junk way earlier to step deep into this ride, they rock!
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer.
@YokeRoel
@YokeRoel 3 ай бұрын
SEC Chair Gensler: Crypto is a field 'that's been rife with fraud and manipulation@@SuicidalBabyTTV :D
@one1blue
@one1blue 3 ай бұрын
Scam
@musiccreation1198
@musiccreation1198 3 ай бұрын
Gary shows the power structure of financial institutions are terrified of BTC
@colbybird4
@colbybird4 2 ай бұрын
Gary's last comment of the video about Ethereum "I'm not gonna pre-judge it for you or the audience, that's something that a 5 member commission discusses or reviews" The fate of Ethereum is in 5 members hands 😮
@JoseGarcia-rl1iw
@JoseGarcia-rl1iw 3 ай бұрын
Joe is the only one asking the real questions!
@Switz6789
@Switz6789 3 ай бұрын
The answer is yes. Yes, we do trust an open and transparent system without human decision makers over ones that have them.
@cemozkilicci3738
@cemozkilicci3738 3 ай бұрын
Good job Joe! Gensler has this all wrong...
@mrbmro3991
@mrbmro3991 3 ай бұрын
They should get Michael Saylor on to debate Gensler
@alih.3422
@alih.3422 3 ай бұрын
Gensler knows exactly what bitcoin is and he was teaching a bitcoin/blockchain course at MIT.
@mrbmro3991
@mrbmro3991 3 ай бұрын
@@alih.3422 yep. Watched a few hours of it a few years back. His opinion DOES matter. He isn't just some random member of state that has done no research into bitcoin, he actually gets it. Why is he against it? His boss Elizabeth Warren or he understands it, but he is just not for it. Either way, we have to respect what he says because he has actually put the work in to understand it. Do I agree with him? Nope. I'm with Michael Saylor on this one.
@robertgunselman3932
@robertgunselman3932 3 ай бұрын
Luv ya Joe...keep up the good fight
@JYthePE
@JYthePE 3 ай бұрын
Thanks, Joe. He should watch what Gensler actually said to his MIT students. His tune was different, for sure.
@DU85
@DU85 3 ай бұрын
He has his eyes set on being treasurer of the US, he needs political support
@gamanshoo
@gamanshoo 2 ай бұрын
GG was “free” when he was an MIT professor, while now he is just a political puppet “hungry for more power and relevance”.
@warrenbgray
@warrenbgray 3 ай бұрын
You CUT OFF the end of the interview before commerical where Gary Gensler compares AI to a HAMMER (a tool you don't blame for bad actions). Then Joe Kernen stops him and says, it's ok for AI for not bitcoin? Gary says, well, bitcoin is a "non-security". (hey Gary, so is a hammer).
@Scott-iw8yr
@Scott-iw8yr 3 ай бұрын
Do you have a link to the full interview?
@GaryLee123
@GaryLee123 3 ай бұрын
We're still early guys
@germancastillo8685
@germancastillo8685 3 ай бұрын
Most definitely
@pixelroutine4609
@pixelroutine4609 2 ай бұрын
No, that's a sign that you're late. If anyone says that folks... run.
@user-bd1uu1bp4j
@user-bd1uu1bp4j 3 ай бұрын
That's a solid list! I'm also big on AMS54K , avalanche, algo, and matic too.
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@one1blue
@one1blue 3 ай бұрын
Scam
@williamhowell8140
@williamhowell8140 3 ай бұрын
Nice job pressing him, Joe!
@gaving1755
@gaving1755 3 ай бұрын
Ask Gary why Silicon Valley Bank was bailed out but nobody else bailed out
@jayross3800
@jayross3800 3 ай бұрын
If this video was posted without a title and you chose a random 10 seconds within the video you’d think they were talking about the dollar 😅
@lindsayheyer5297
@lindsayheyer5297 3 ай бұрын
The SEC is afraid of loosing control
@kamakazie-kronos668
@kamakazie-kronos668 3 ай бұрын
The US dollar never gets used by the cartels right? All crypto transactions can get tracked. Can we say the same of other currencies?
@gatsby8870
@gatsby8870 3 ай бұрын
Good for Joe! I gained respect for him. He's right. The Chairman can't judge something's use-case without knowing the ratio of good vs bad activity is for the Chairman to say the USD should be outlawed bc of its prolific use in illegal activities.
@donnellgreer8983
@donnellgreer8983 3 ай бұрын
My man joe love the show asking real questions
@billbo9761
@billbo9761 3 ай бұрын
@7:20 GG says speculative investing like this is a bad thing. Isn't everyone who invests in anything speculating. Forex, gold, stocks, housing etc.
@mrbmro3991
@mrbmro3991 3 ай бұрын
Exactly. Do we trust it more than the currency? YES 900 Billion market cap of BTC also does
@BrownConservativecapitalist1
@BrownConservativecapitalist1 3 ай бұрын
Is this the same guy, that taught at MIT , who was teaching a crypto course
@ConsciousRebel85
@ConsciousRebel85 3 ай бұрын
Yup, that's him. Now he's been fudding crypto and BTC because his masters want him to and he wants to be in politics.
@tombrown1515
@tombrown1515 3 ай бұрын
he said its not decentralised? but its not a secuirity? right?
@alanbird7803
@alanbird7803 3 ай бұрын
Sorta like when SEC was making insider trades on crypto knowing what regulations were coming out?
@ChristopherWalkenPUA
@ChristopherWalkenPUA 3 ай бұрын
So we shouldn't invest in bitcoin because some exchanges went bankrupt? Dozens of banks went bankrupt in the 2008 housing crash, does that mean we shouldn't have banks? Gensler never has any sound logic.
@DU85
@DU85 3 ай бұрын
He never separates bitcoin network from crypto exchanges. If he’s trying to protect investors, he would clearly state the differences
@visitingdublin
@visitingdublin 3 ай бұрын
There is not much to take away from this interview, they didn't even let Gary answer the questions in full
@peepingturtle2714
@peepingturtle2714 3 ай бұрын
Because everyone besides boomer democrats who still don’t understand fintech and crypto is fed up with this man. Look into his conflicts of interest with vanguard and how he handled FTX. Look at his close ties with carolines father and how many times he met with them to build relations while attacking their competitors like Binance.
@bwsumner
@bwsumner 3 ай бұрын
Thanks Joe for trying to keep them honest and sharing facts.
@M5g_
@M5g_ 3 ай бұрын
Bravo Joe… you know and tell the Truth, BTC is freedom!
@yurygrinev6645
@yurygrinev6645 3 ай бұрын
I was hoping to listen to what Gary Gensler had to say on this interesting topic. Instead, all I could hear was Joe's frustration with SEC regulation of crypto. He literally did not allow Gary stick in a word. Why invite contributors to the show, Joe? Just have the three CNBC anchors tell the world how to run the markets and the economy in general. CNBC employees seem to think of themselves as the ultimate authority and judge of opinions. But that is not what I turn on the program for. Have the decency to at least listen to the guests you invite to the studio.
@Mightyzinger1
@Mightyzinger1 3 ай бұрын
How is this chairman?
@libertytv3417
@libertytv3417 3 ай бұрын
Thank you Joe for holding Gary's feet to the fire, the SEC has had 14 years to provide clear regulatory guidelines.
@versant12
@versant12 3 ай бұрын
Excellent work stopping Joe from talking. I wonder how he has managed to keep his job
@jebfagan594
@jebfagan594 3 ай бұрын
Unlike the fiat system...
@markwilliams7091
@markwilliams7091 3 ай бұрын
Well, we got Joe's opinion. It would have been nice to get Gary's opinion.
@billbo9761
@billbo9761 3 ай бұрын
@5:15 "you have a central bank and support for each currency" *you have a central bank which prints the currency and gives it to the government. By the time this newly printed money is filtered down to the public it has devalued the entire currency supply, making the public poorer. This is one of bitcoin's main selling points, because no entity has the ability to increase the rate of newly created bitcoin. This is why the government and banks hate it, because they have no control over it. Just look at the history of every single fiat currency ever created. They ALL trend towards zero, as their central bank constantly prints more currency.
@zamalek1235
@zamalek1235 3 ай бұрын
I LOVE it Joe, hold them to account for their hypocrisy! ❤‍🔥🔥
@EarthUncutTV
@EarthUncutTV 3 ай бұрын
Joe and Andrew sparring, always hilarious!
@CryptoMeme
@CryptoMeme 3 ай бұрын
This guy. Gary has to go. Joe is starting to be my favorite Bitcoin bull 🎉
@tommyflynnmusic
@tommyflynnmusic 3 ай бұрын
Joe is so great. Way to push back !
@primeix
@primeix 3 ай бұрын
Let the man talk!
@david81663
@david81663 3 ай бұрын
Amazing how out of touch he is saying "it's just a clever ledger" missing the whole point of how that clever ledger separates money from control of the state.
@Scott-iw8yr
@Scott-iw8yr 3 ай бұрын
Anyone have a link to the full interview?
@pattheegreat
@pattheegreat 3 ай бұрын
kzfaq.info/get/bejne/Y8qEZMuBzdqudps.htmlsi=AZC5Ktb2gqq55lDY
@Farid.Vahedi
@Farid.Vahedi 3 ай бұрын
kzfaq.info/get/bejne/g9N0gbVimNasl3k.htmlsi=2nGAKbujSgr1TGe8
@markjaramilloGTA
@markjaramilloGTA 3 ай бұрын
Why did he change his tune from MIT days? would be a good question
@Muzammil.S
@Muzammil.S 2 ай бұрын
Joe Kernen, revealing much wisdom here. I used to get annoyed by his constant interrupting of guests. But Joe clearly gets Bitcoin.
@bkblackmon1402
@bkblackmon1402 3 ай бұрын
👍 Get him Joe!
@MerrittCW
@MerrittCW 3 ай бұрын
Way to go Joe. Way to step up for the community!
@_Brennus
@_Brennus 2 ай бұрын
Gary looks like he's straight out of Star Wars.
@jceli76
@jceli76 3 ай бұрын
centralized banks and governments are are not trustworthy when it comes to money. So yes BTC keeps everyone accountable. Let’s see the banks and the governments true ledger and make it public. I would be more open that they want to change for the better if that starts to happen
@santiagodejesus7632
@santiagodejesus7632 3 ай бұрын
I was concerned after the ETF approval because as expected we went down a little but AMZPKK keeps everything strong and in place. These guys really know how to be convincing and the preparation all the years was so well done. Nothing will change in 2024 and nothing will come close to this incredible smart one. True believers for AMZPKK will have a good year
@LoRock1
@LoRock1 3 ай бұрын
Loved how the newscaster finally called out Gary advocating for BTC by teaching at MIT🙌🏽
@roel209ful
@roel209ful 2 ай бұрын
Vote him out
@trentwalker7528
@trentwalker7528 3 ай бұрын
Really Gensler! Thanks Joe for being the rational one!
@serenityofzen4407
@serenityofzen4407 3 ай бұрын
Yeah, he's been saying stuff like that for years. And I was stacking sats in OWNR wallet. And it doesn't seem like BTC is a fraud and manipulation, especially considering that ETF was recently approved.
@willrose5424
@willrose5424 2 ай бұрын
This is better at 2x playback speed.😉
@Capitalcrypto1
@Capitalcrypto1 3 ай бұрын
Yes the centralized exchanges the sec was supposed to regulate were not and he’s like it’s fraud wtf Gary that’s your job to make sure you create regulation to prevent it.
@DU85
@DU85 3 ай бұрын
Yeah he’s just trying to appease the bankers who will support him in his attempt to become the US treasurer one day
@ljviper8460
@ljviper8460 3 ай бұрын
Ransomware is his best argument? What a disgrace!
@Tonysmithmusic
@Tonysmithmusic 3 ай бұрын
yeah, like when he was meeting with ftx repeatedly
@darf8475
@darf8475 3 ай бұрын
Calling… hi is that Gary? Yes! Can you tell me how to be compliant please? No, not my job, see you in court! 😮
@rodolforoblesarredondo
@rodolforoblesarredondo 3 ай бұрын
Not the best year but celebrating AMZPKK now! What a time to be alive guys, seriously
@pundol56
@pundol56 3 ай бұрын
Just leaving this here.. My heart goes to the entire community for AMZPKK building up something which is worth it for everyone. This is so smart by them to launch and shatter the doubts and fears of the common folk, which was misplaced by all the drama we had last years. Everyone knows the state of inflation and recession now and the way out is already in progress. Now its just about catching the big fish, ya feelin?
@user-gm1im2vx9o
@user-gm1im2vx9o 3 ай бұрын
For me, participation in the Blocksailor token presale changed everything. Assemble the movement!
@reachtrita
@reachtrita 3 ай бұрын
I’m hoping to see bitcoin go over 70k!
@BB-2383
@BB-2383 3 ай бұрын
Yeah? And there is no such manipulation in the stock market? Ever hear of hedge funds? Gamestop?
@thefuconcept2849
@thefuconcept2849 3 ай бұрын
Mr Gary. I’ve been waiting for you to regulate the shorting naked of our stock. Please look into that. Been waiting for three years. Even a common guy like me could see it. I was so excited that you became sec head a few years ago cause I think u would clean house.
@lazyhazy7
@lazyhazy7 3 ай бұрын
Gary is a joke. No one takes him seriously anymore.
@Lapatt_Blue
@Lapatt_Blue 3 ай бұрын
Because there’s definitely no fraud or manipulation in the stock market 😂😂😂😂
@precisionhealthcare7070
@precisionhealthcare7070 3 ай бұрын
Loved this 💪
@GautamSharma99991
@GautamSharma99991 3 ай бұрын
Joe is the only one who said anything of value here. Pure hot air from Gensler and the other CNBC hosts
@helix1061
@helix1061 3 ай бұрын
Why did it take the SEC seven years to approve a Bitcoin ETF?
@CarlosHfam
@CarlosHfam 2 ай бұрын
This was hilarious!! Glad Joe took Gensler to town!
@steve0ne11
@steve0ne11 3 ай бұрын
Hahah listen to the salty little haters 😂😂😂 Joe, keep it up!
@brianjohnson1346
@brianjohnson1346 3 күн бұрын
The man never ever says anything concrete EVER!
@irvingriosperez
@irvingriosperez 3 ай бұрын
Can anyone explain AMZPKK? I am curious and wanna know
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@alexanderalcantara3932
@alexanderalcantara3932 3 ай бұрын
It would be great if you had a deep dive on the AMZPKK
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@eprn1n2
@eprn1n2 3 ай бұрын
So has the SEC, DOJ, FBI, NSA, IRS.
@24theMoney
@24theMoney 2 ай бұрын
Hey Gensler, No naked shorting on Bitcoin. Massive naked shorting on stocks.
@cryptoengineer9930
@cryptoengineer9930 3 ай бұрын
Joe should be immediately promoted to head of CNBC. Hes the only one telling the truth.
@user-hn5si5uz9q
@user-hn5si5uz9q 3 ай бұрын
2024 is really surprising me now that AMZPKK hit the road. After all these years of barely reading anything good I was usually just shutting down any type of media influence as much as I can but this brings back good lights and it should give hope to some of you that no matter what is going on in the world at the end something good comes to surface
@andreashenke1468
@andreashenke1468 3 ай бұрын
He's got a point with fraud, but this is mainly done by altcoin projects, not BTC.
@gabijiminista1032
@gabijiminista1032 3 ай бұрын
Bullish on AMS54K ecosystem. Exciting developments in the works. AMS54K is one that sticks out 👍
@user-ur7tq8qh6c
@user-ur7tq8qh6c 3 ай бұрын
Yes like fraud doesn’t exist with the American Dollar? We have a currency that we can just print endlessly! No fraud with that at all
@EstroyerToribio
@EstroyerToribio 3 ай бұрын
No more DCA if things are progressing and we are at the first step for new ATHs. Hopefully AMZPKK was the right pick as you recommended earlier
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@user-hz8ny7dg8k
@user-hz8ny7dg8k 3 ай бұрын
Interesting talk about AMZPKK I suggest anyone to listen to the guy talking about it in the video. Personally I didnt think they would really do that but seems like the launch just happened and there are enough slots available, could be worth huh
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@gaelalexandersandovalsaldivar
@gaelalexandersandovalsaldivar 3 ай бұрын
Love the video. I am a believer for AMZPKK and follow it
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@user-un9xh7tz3r
@user-un9xh7tz3r 3 ай бұрын
Fully believe into AMZPKK and the comeback for IOTA, they are promosing and the technology is just next level
@nownomad
@nownomad 2 ай бұрын
So is life… It’s funny how one of SECs jobs is to protect investors, but for years they sat on sidelines not getting involved with something that’s rife with fraud.
@pattheegreat
@pattheegreat 3 ай бұрын
Good try Garry, I'll put some more money in crypto
@didiersolano8307
@didiersolano8307 3 ай бұрын
Just few days in AMZPKK is clearly setting up the new milestone! The only real way to counter the current recession is by acting on yourself, making own decisions and making sure that you got enough no matter what happens. If you trust conventional ways you might end up being homeless or worse at one day, seriously.. This is why I believe in projects like this one which are clearly there to make a difference and it starts right now
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@tameratcmc1525
@tameratcmc1525 3 ай бұрын
nice job joy
@omarzepeda1312
@omarzepeda1312 3 ай бұрын
I believe the more know about AMZPKK the better for casuals and newcomers which is what we need as 90% or more are still highly skeptical to enter
@DiosaFree
@DiosaFree 3 ай бұрын
I want to let you know that AMZPKK made it this year. Any better way to start a global change? Dont get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@cristianfabianhernandez180
@cristianfabianhernandez180 3 ай бұрын
Been collecting the AMZPKK this cycle as that has the right place in this time
@SuicidalBabyTTV
@SuicidalBabyTTV 3 ай бұрын
scammer
@luxonlabs
@luxonlabs 3 ай бұрын
Joe is the only one with the right questions.
@tiamat_023
@tiamat_023 3 ай бұрын
Right and we never had a T-word problem until BTC. The US dollar had never funded nefarious activities. Is this really all they have?
@NatalyGuelVillalobos
@NatalyGuelVillalobos 3 ай бұрын
Xeventy enthusiasts, the architects of crypto success!
@Bobby-ro7jn
@Bobby-ro7jn 3 ай бұрын
Thank god that FIAT is so clean and perfect and it works. What a clown .
@jamescameron2676
@jamescameron2676 3 ай бұрын
i wish that Joe would shut up and let mr gensler speak there is a man people should listen to he knows what he is talking about LET HIM SPEAK
@linsteven8132
@linsteven8132 3 ай бұрын
As he is saying this he buying Bitcoin
Watch CNBC's full interview with SEC Chair Gary Gensler
22:50
CNBC Television
Рет қаралды 57 М.
Scaramucci on Coinbase, Gensler and Bitcoin Forecast
6:41
Bloomberg Television
Рет қаралды 101 М.
ШЕЛБИЛАР | bayGUYS
24:45
bayGUYS
Рет қаралды 601 М.
маленький брат прыгает в бассейн
00:15
GL Show Russian
Рет қаралды 3,9 МЛН
Which one will take more 😉
00:27
Polar
Рет қаралды 80 МЛН
How To Choose Ramen Date Night 🍜
00:58
Jojo Sim
Рет қаралды 51 МЛН
Cathie Wood: Bitcoin going beyond US$1m post-halving | nzherald.co.nz
30:03
Jack Dorsey's Answers to Bitcoin Naysayers | Endgame #172 (Luminaries)
1:01:32
Crypto Platforms & Securities Laws | Office Hours with Gary Gensler
3:56
U.S. Securities and Exchange Commission
Рет қаралды 12 М.
SEC's Gensler on Systemic Risk, Climate Rule and Crypto
9:52
Bloomberg Television
Рет қаралды 7 М.
‘DEVASTATING’: Charles Payne issues stark warning to investors
6:14
ШЕЛБИЛАР | bayGUYS
24:45
bayGUYS
Рет қаралды 601 М.