SOB: When the Referees Play Favorites (Part 2)

The power to regulate is the power to delay. This episode is sponsored by Nexo.io. Join “Speaking of Bitcoin” hosts Adam B Levine, Andreas M. Antonopoulos and Stephanie Murphy for a look at the recent U.S. bitcoin futures exchange-traded fund approval that has some in the crypto community increasingly optimistic about its potential to revolutionize finance forever! But should they be? Ever since the first bitcoin (BTC) spot ETF was rejected by regulatory bodies in 2017, investors have had to watch their investments crumble. The prospects for a successful outcome have seemed bleak. So why do we keep talking about these failed products and why does it seem like everyone is clambering aboard with hope once again as if nothing happened the last time around? The show tackles a paradoxical situation where a U.S. Securities and Exchange Commission tasked with investor protection may actually push consumers into riskier vehicles, before shifting gears towards knowledge-power-confounding "Darth Vader" effect and bipartisan legislation aimed at protecting U.S. investors from volatility risks. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. - This episode featured Stephanie Murphy, Andreas M. Antonopoulos and Adam B. Levine. It featured music by Jared Rubens and Gurty Beats, with editing by Jonas. Art for this episode was provided by Helen Cramer/Unsplash and was modified by Speaking of Bitcoin. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.