A crypto currency tax would be an easy way for the U.S. government to stop a rise in value of their dollar, writes John Defterios. A pack of cigarettes costs fifty cents and some cities cost over ten bucks. The united states is allowed to tax things at any time - just look at what happens when you buy a pack of cigarettes. If we felt the u s dollar was that threat, the u. S. Government could do this at any time," he says.
Emergency pod! Bitcoin sees a major correction due to China's crack down (1:46). What are the chances it could it go to zero, and could China banning crypto be a blessing in disguise? Robinhood is rumored to be going public next month (14:14), what will their market cap be at IPO? Plus Squarespace goes public via direct listing (26:10)!