#933 Bill Barhydt On How Bitcoin Will Disrupt Everything
The Pomp Podcast
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Do Regulators Change the Rules or What Happens?
There's no law today that uses the word dfy or bit coinat the federal level. Regulators will try to interpret existing laws to kind of make this oval peg fit in their round hole, just like they did withe original fenceand guidance. I think what people don't understand is that when you have something that is the fastest adopted technology in history, it trades 24 seven,. It's highly leverageable, especially outside the us. The chart at log scale looks up and to the right, like wen in dowd to mount but but on the way up, in that extreme kind of expedential growth, you're going to get these kind of volatile spikes.
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