Cryptocurrency Archives - The American Spectator | USA News and Politics
by | Dec 20, 2022

Death, taxes, and the urge to legislate are three of the few constants in our world. Whenever a major societal event is hoarding headlines, there tends to follow a loud call for Congress to respond with a bill. Over the…

by | Dec 17, 2022

Sam Bankman-Fried’s arrest makes for a fitting final act to this chapter of cryptocurrency history. The internet prodigy-turned-supervillain had been at large for a whole month since the spectacular collapse of his crypto trading platform, FTX. But Sam is no…

by | Dec 13, 2022

The difference between Sam Bankman-Fried’s cryptocurrency exchange and Uncle Sam’s legal tender appears one of degree and not of kind. Investors present at the creation of FTX now possess nothing or next to nothing of their original investments. The same…

by | Dec 6, 2022

WASHINGTON — I have good news for my readers. I come with glad tidings. November was a month of clement weather throughout these United States. Not only that, but the weather reports for December are going to be even better….

by | Nov 29, 2022

“Sam Bankman-Fried and Other Turkeys,” editorial cartoon by Yogi Love for The American Spectator, Nov. 29, 2022.

by | Jul 14, 2022

Cryptomania has been riven by fear, doubt, and economic reality. Investors and entrepreneurs envisioned cryptocurrencies and decentralized finance as the revolution that would upend reigning payment systems like Mastercard, Visa, PayPal, Western Union, Swift, fiat currencies, and traditional financial intermediaries….

by | Jun 1, 2022

Fear and raging inflation have roiled hot but still nascent digital currency markets. From November 15 to May 26, the cryptocurrency market plunged 57 percent, with $1.6 trillion of value lost. At the same time, the price of leading cryptocurrencies…

by | May 10, 2022

The Fed plays a hitherto unprecedented role in the U.S. economy. Growth in the money stock, which had until 2020 remained in the single digits annually, has soared by a remarkable 40 percent since the beginning of the pandemic. Yet…

by | Mar 15, 2022

Inflation reached 7.9 percent last month. Gas prices have passed the recession threshold of $130 per barrel. So, what is President Biden’s newest plan to fix the mess that the Federal Reserve’s “New Normal” of printing $120 billion in quantitative…

by | Jan 28, 2022

Facebook, now Meta Platforms, has just announced its cryptosetback, as reported by the Wall Street Journal on Thursday. The Switzerland-based consortium, formed in 2019 by Facebook to promote a cryptocurrency known as Libra, is selling its technology to Silvergate Capital Corporation…

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