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Gary Gensler Wants to End Crypto but Support Bitcoin | EP 684

Simply Bitcoin

00:00

Bitcoin Is a Hit Coin, Right?

Niko: A lot of stocks out there are shit coins too. I mean, just look at all these companies that have just made no money whatsoever. They might produce a little bit of revenue, but they produce zero profit and their PE ratios or price to earnings ratios are through the roof. Niko: One good thing that can come from this is that perhaps we get rid of capital gains tax because Bitcoin will be able to exchange hands more easily when you don't have to pay capital gains taxes.

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