amanda: gold was the backing of fiat currency, has historical value.gree, you can argue it shouldn't have been, but it was once the literal backing of fiat. bitcoin has no store value. it is worth what the next person will pay for bitcoin. matt: as is gold. amanda: probably true, but there are other uses for gold. there are some similarities. maybe gold is not an inflation hedge anymore either. matt: i think they use it in space capsules, teeth. amanda: jewelry. matt: let's put a pin in this, we can have a beer after the show and discuss further. theoretically, it should not be an inflation hedge, although practically it has been. lululemon has been ticking lower after a new covid variant could cut into athleisure sales. kriti gupta is looking at those results. >> on top of that, you are seeing them suffer in terms of its outlook for its mirror unit. last year, the ceo saying the increase and vaccinations will help people to go out. they were expecting 100 $70 million in revenue from the mirror. in 2021, the estimate now is being cut in half when it co

it's not fair to compare fiat currency's current system to what crypto aspires to be. it's true you try to use a credit card or debit card to buy a sandwich today, the system takes a percent, half a percent, 50 cents away from merchants. you try to use crypto to buy a sandwich today, i don't know where you can go in washington to use crypto to buy a sandwich at all, but some day. we hope crypto can do to the problems that we face with fiat currencies now, that's not a fair comparison. now, looking at ms. haas from coin base. if i take $100 on your exchange, buy some bitcoin, and then a couple days later say bitcoin happens to be selling at the exact price, i sell it. it's my understanding that i get $94.02 back. am i wrong? >> we have multiple products-- >> yes or no, would i get in that exact transaction, 94.02, am i wrong? >> i can't answer the question, it depends on the products. >> are there products where i'd be right. >> there's a product where you could be right. >> so i could lose $6 in two days. what about tether? buy $100 worth of tether, two days later tell

i traded without fiat, without restriction.— traded without fiat, without restriction.just asking earlier about the tone - restriction. i wasjust asking earlier about the tone in - restriction. i wasjust asking - earlier about the tone in america - earlier about the tone in america — you have the new york mayor who is committed to keeping new york open. and yes, there's a lot to consider for politicians here, and some of the statistics missed to be scary when you're in downing street talking to the scientists — but do you think there could have been any greater certainty than they've given you? greater certainty than they've given ou? , ~ greater certainty than they've given ou? , ,, . ., , you? yes! i think the politicians have 'ust you? yes! i think the politicians have just cast — you? yes! i think the politicians have just cast hospitality - you? yes! i think the politicians have just cast hospitality aside l have just cast hospitality aside since march 2020. i've stop relying on boris, i don't even want to talk about him. rishi sunak initially seemed like a shining

they got only through judicial fiat. the people expressed, and those legislative -- legislators accountable to the people is the best way to resolve this. amna: alexis, i will give you a chance to respond. >> judicial fiat, here we have the complete remaking of the judiciary among judges, some of whom don't even believe in ivf. i think that is laughable. we are talking about the fact that every pregnancy is unique, every circumstance for every person, to make a decision, is unique. the intent of the antiabortion movement is to totally ban abortion because they don't trust pregnt people to make decisions about their own bodies. the real impact is what we are seeing now in these people who are traveling thousands of miles out of fear, because of this horrific ban in texas. seeing a 12-year-old patient that came into a planned parenthood who said it was an accident, why are they making this hard for me? that is the real life impact, people on the others these bands that could be impacted across the country with the overturn

will digital currency wipe fiat money out the next decade or two? look at a tiny pacific island.hey used to use huge stones with a hole carry them with a pole. that was a form of currency. the larger the stone the wealthier the person was. these were mined and shaped on the island of palau, 300 miles away. they would trade coconuts but the journey gave the stones value. when a plot of land in the metaverse in a community called sandbox sold for $3.4 million. good news it was next to. >> snoop dog's. gold is running in place and maybe drifting into obsolescence. since the 20th century, the u.s. dollar lost purchasing power. where is money, where is value and what will the currency of exchange be in the next 20 years. let's ask gary gary kaltbaum and shah gilani. get your thoughts on that? >> i think the currency will be the dave and buster coins for stuffed animals. i worry, i have been told since i was born that the dollar would go the wayside of dodo bird. it hasn't happened. if anything can do it, just massive debt and deficits we continue to run. so far we are the best of all

goldstein: it depends on the exchange and if you are moving to fiat. if you start fiat and you move to stable coin, and you buy one on exchange because the department says they don't service this retail customer, you have to go to a federal change pretty put on the exchange, and it can be as high as $80 front to back or as low as six dollars. western union is about four dollars or five dollars. sen. tester: that is a flat fee, regardless? ms. goldstein: it is an accumulation prettier to take several steps throughout. sen. tester: thank you all. sen. brown: senator warner is on from his office. >> thank you, mr. chairman. i appreciate you holding this hearing. i am very concerned. i agree with the ranking member that there is a lot of things going on and we should not get rid of that, but i do feel concerned about the intel standpoint. a lot of this is being used for illegal and illicit purposes. we just had a major break in to a state legislative system in virginia. everything is frozen. ransomware has been been issued. my fear is that will be paid off

in each other's ribs, are coming to dinner to share the table with this one guy, the marquis de la fiat. so, the thing is, when you say what if he had seen it become a senator, tried to run for president, done any of these things, i think what he does, he loses that reputation, loses that role, no longer has the moral authority, personality authority, that he was able to, that he was able to engender. to be this precip coming from the fire was able to unify everything. and then i think he just winds up in the same factional struggle but he got caught up with in france. probably wouldn't then try to stay aloof from a bit, and ends up in retirement someplace in ohio. so, if he had actually been successful in mixing it up in american politics in those years, he would not have been as successful or as beloved as he is today. >> yeah. washington didn't want to be president. you know, when the revolution started, he was in philadelphia. he couldn't possibly be the general. but, i don't think he wanted to be president. he had nothing to lose, he was marching to his funeral. he called the proce

pandemic, how can we fight anything else especially when dictatorship vs the power to fight covid by fiatave nfl playoffs with new cases spiking like this. we could have low unemployment and know inflation just like 2019 if only people would get their shots. they reduce your risk of hospitalization or death that's huge. this morning i heard a senator making noises about not knowing if the vaccine is safe that's ridiculous. hundreds of millions have taken the vaccines world wide. it might be the best studied vaccine in history something could still go wrong the risk of something going wrong is much lower than any other vaccine we have tested or taken. am i saying we need to take our medicine for national security purposes i don't know if i want to go that far but covid isn't makes us safer if you want to know the real reason, go read president eisenhower's 1955 declaration about why you had to get vaccinated for polio it's a terrific analogy for the present moment high pressure it would be, and i quote, in keeping with our highest traditions of cooperative national action. cooperative nati

the central versions are a different form of the existing fiat money.e might think there's only one u.s. dollar, but i would like to say there's three different ones. there's the paper, the famous benjamin franklin on hundred dollar note. there's the coin version, quarters and nichols, and the electronic money you see in your bank account balance. you can eat -- interchange them freely. they are also attached to the same u.s. dollar value. when there's a central bank digital currency, let's say the central bank issues that, it is the fourth variation. these are four variations of the same money so it is not competitive to bitcoin. rishaad: what could be competitive though is what the international bank talks about, an international type of digital currency backed by several countries. what is your take on that? >> the fundamental thing about fiat money and the existing policies, money today, the central banks like to say it is backed by faith in the government and so on. that is why you hear like the special rights, all of the countries buying into it.

hard we have this great partnership with money-gram international that will allow folks to take their fiat and they can convert it to digit at assets on wallet it is stellar-enabled a use them it demonstrates the operability between the traditional system and these new rails. >> before we let you go, most of us here, even watching, will never be in front of a senate or house committee or panel testifying, or having to explain something. can you take us through the biggest gap, in terms of lawmakers, what their perception of cryptocurrencyies and that industry is, and what exactly can be done to make that regulatory environment more collaborative with your chief executives in the business >> i think today was an awesome start, to start that conversation there was a lot of good dialogue one of the things i felt a lot today is there's a collapse of crypto and blockchain. crypto is on blockchain, but blockchain is underlying technology i think that will happen, and i think it's okay, but there needs to be a want on both sides the industry needs to want to share and the policymakers really need

risk asset and something where people are adding to portfolios to hedge against the debasement of fiaturrency. if you look at the place like turkey where you had crappy stewardship of the economy from the top down, you have now seen their currency depreciate by over 75% in three years. in places where the stewardship really gets bad, it is an essential. bitcoin is this generation's version of digital gold and it does work. in a place like the u.s., we pray every night the stewardship is not as bad as turkey's. like i said earlier, i think powell made some bad decisions in his desire to get reappointed or his mr. reed of the economy. -- or his misread of the economy. now you have a democratic congress that wants to expand spending. they feel like they have a social mandate to do so. you have a booming economy with nominal gdp over double digits. the fed is supposed to be taking the punch away from the punch bowl. that would be good for bitcoin. that being said, there is any adoption cycle coming. matt: if you look at the fed balance sheet, it goes in 2020 from $4 trillion to over $8 tri

a lot of the concern at the beginning of this thing was that fiat currencies would just be endlesslynd devalued, and that is why they would argue you saw bitcoin rise as we saw the fed balance sheets well -- balance sheet swell and u.s. debt levels rise. as the fed turns around, and we have seen that happen in the beginning of the month, at the same time as bitcoin begin to come back down from another high, that is when you see this big drop in december. as they start to take away the punch bowl and talk about ending bond purchases and starting to unwind the balance sheet, kailey points out the sequencing is in clear, but we know that is their plan. maybe that is why we see bitcoin coming down. kriti: totally a possibility. what is also crucial in this conversation is the dollar, and how much is the dollar not only with the fed, but was haven flows around the world. when you are kind of evaluating the long-term ability of bitcoin, compare it to the dollar, compare it to the idea that bitcoin is being used for more transactions. but it is not bitcoin alone that is growing. it is crypt

tom: he needs -- lisa: he needs a fiat to capri? tom: he has to stop somewhere to do it.will continue. maybe we will continue. [laughter] abramowicz wound up this morning. a beautiful sweater day. good morning. ♪ every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. tom: good morning. we welcome all of you with futures at -29, dow futures -145, and the vix a little but of angst, the vix up 22.02. a modest find of $200 million, something easily affordable for jp morgan. they announce fines over message lapses. caroline hyde and lisa abramowicz with us. i am sorry. this is a huge deal. buried within

jeffries of new york and congressman jayapal saying the president should pass his agenda just via fiatorder. he can't do that. right. so he can't just do tax hikes. that is ridiculous. go ahead. >> will he attempt to do it? thefy clearly isn't in control of his own fab cults. whoever is pulling the string, it is obama 2.0. whoever was running his show is clearly running what is going on in the white house now as i stated many times, i don't think the president is well. i think, but only problem is if he steps aside what is the number two spot is much worse, much worse. i agree with you 100%. elizabeth: okay. congressman tim burchett, thanks for joining us. good to see you. we're coming out of the bottom of the hour. you're watching the fox business network. still to come. former i.c.e. official tom homan sanctuary cities blocking i.c.e. from arresting criminal illegal aliens helping to fuel the crime wave hitting u.s. cities. think drug gangs. where is the white house on this? up next former utah congressman jason chaffetz. crime in america, cities with historic homicides. they went le

i think it is time to examine what they can do through executive fiat.f course we know our previous two presidents have had no problem doing so. he has to figure out how he can deliver for the american people, particularly the energy that he needs to come out to vote in november without necessarily having to worry about joe manchin. it's time to step aside from the clown show that is joe manchin and his assistant kyrsten sinema and move on to the conversation of what serious adults can do to make progress on a lot of important topics in this country. >> speaking of clown show, tim, on the right you have the folks like marjorie taylor greene, paul gosar, lauren boebert. they've seemed to be growing in power on the conservative side right now. do you think that they're going to be the controlling influence over the republican caucus going forward? or do you think it could be more moderate folks and kevin mccarthy may become the speaker? >> well, look. i think that kevin mccarthy is actually so weak as a leader that is serving him within the house caucus an

the fiat currency system itself is broken because all the central banks really do is figure out waysn crypto grow from under a $1 trillion market crap to now over $3 trillion. -- cap. so i think that the crypto space is real. i think it's here to stay, and i think you're going to see it continue to grow at a pretty steady pace. lauren: yeah. it's definitely more legitimized this year. you also have silver on this list. silver didn't have a good year this year, todd, so do you think it comes back? >> silver and gold had horrible years, and they were both down on the year. i think that the very tight ranges that they've been in will allow silver to have a much bigger movement. a stock at $10 is a great play for someone to make for a very huge return because i do think that if, you know, depending what happens with interest rates, i think they're going to have to go higher because they're not going to go back to shale and fracking, so i think you're going to see the metal sector drive higher, and i think silver will be the big winner next year. lauren: ed, i've got to bring you in here.

because as we go head long into this mid-term future, we really don't know, if it does seem like the fiat currency might catch a bid as monetary policy tightens and fiscal liquidity dries up a little bit but how far can they really go with that? i don't know if we can trust them beyond the first or second quarter. liz: yeah, well look at crypto right now bitcoin up 4%, ethererum up 3%, litecoin up 4.6 % and by the way, three-day drop we're looking at the moment really quick john your 2022 outside the box trade? >> well, i think it's the boring stuff. i have been on a few weeks ago we were talking about it then and its really been proving its way out, utilities, healthcare, staples, the things that no one has cared about in 2021 are starting to look kind of shiny to me in 2022. liz: good to see both of you and i'm loving the christmas sweater , john, nice. sarge, you know? you've gotta up your game here. thanks guys very much. we got this breaking news. >> how about now? liz: breaking news we've gotta talk about the demand for covid test kits. you tell me, you know that you or at least som

and the structure that they espoused and adhere to is that they have a stable value relative to a fiatncy that is really what depository institutions guarantee. >> i would suggest we just think this through the fundamentally different design suggest there might be different regulatory approaches. i'm going to run out of time but pillar one of the biden administration international tax agreement would bee the most significant change in 100 years but to implement that every one of the bilateral tax treaties would need to be modified there is no historical precedent for bypassing the senate treaty seprocess. i ask you to acknowledge the administration would need to come to the senate for treaty approval and responded the treasury has yet to determine if it would be needed or not and implementing color wine would require modifications to the existing tax treaties and those must be approved by two thirds of the senate the executive branch cannot ignore the senate that is our constitutional responsibility thank you mr. chairman. >> thank you mr. chairman and thank you to secretary ellen for

you are a fiat currency -- if you live in the u.s., you get paid in dollars, you save in dollars, youminated assets. so i think bitcoin is winning there as kind of that monetary revolution winner. now, there's a technology revolution underway as well. and that's when you get into the smart contract platforms. and the challenge with those things is that that technology is not a maximallistic end state, right? you think in the legacy world we have ios and android. we have various scripting languages, database technology that people use, etc. so i think there's going to be lots of competition on performance, things like throughputs and fees, but who can actually convince people that they have the better solution. so there's a monetary revolution -- liz: do you see anybody running out front? -- [inaudible conversations] >> i think that the earlier movers, things like ethereum, obviously, have the lead today. they kind of have the first mover advantage, and the big question that people who are focused on that technology part of the revolution, they're asking is first mover enough, or can s

answer to having a crypto equivalent to fiat currency like the dollar.equals one u.s. dollar. also meant to make it easier to move money in and out of crypto markets which is 24/7. why do some politicians like them? well the u.s. dollar is our financial system's stable coin, right? they want to defend the dollar at all costs. they don't want to see a direct competitor. there are certainly questions about how are these audited, what is backing them? when you have legacy banks offering .001% interest on savings accounts and crypto platforms offering 10 to 17% yield on a stable coin, pretty easy see why people are investing in that direction. charles: one thing i love about the community they really, it takes a lot to shake the resolve of any sort of crypto investor. when i saw the fear and greed gauge deep in the red, i wonder are you folks losing faith? what is going on, natalie? what happened to the swagger? >> those must be alt coin paper hands. [inaudible]. i bought the dip. i hope you did. we're excited. i think when people are actually worried about

the government is trying to take that away by fiat and something we need to go out there and run on every single day. did we stand by or did we not? if you didn't, it's time to go. >> harris: fascinating. the details you reminded us of in your great state of florida are worth the entire nation noting as we face a new variant right now. economy cooking, numbers the lowest in the nation of covid positives. representative mast, always great to have you in "focus." thank you. another house democrat is jumping ship. there are a lot of people exiting. talking about the vice president's office, look at this. oregon representative and chair of the house transportation committee has announced he is retiring. he is now the 12th house democrat to do so ahead of the 2022 mid-terms. republicans say they're hopeful they will take back the majority. both of them. not just the house but the senate, too. cnn with the headline. democrats have a retirement problem. "politico" saying majority blues. house dems not done limping for the exit. excerpt from that piece reads this way. democrat landmark bills are

signals to big government, the united states, will not allow fiat currency to go gently into that good next. >> charles, thanks so much for having me on. always pleasure speaking crypto, bitcoin with you. bitcoin is decentralized computer network. no matter what type of infrastructure bill is implemented, no matter what type of regulations we'll see it will be very difficult or potentially impossible to ban bitcoin a great example of this, we spoke about it a couple weeks ago. so china, they became incredibly hostile to bitcoin and actually banned bitcoin mining. the price crashed that to be expected. miners that relocated to areas which allowed that type of innovation to flourish. they moved to kazakhstan and texas. the important point here the same thing will happen if the u.s. down get its act together when it comes to the facility towards cryptocurrency. what we're seeing now is canada, for example, is, has the futures spot etf. kind of already has that. charles: don't tell me that. don't tell me canada, canada is jumping in front of us? don't tell me that. that really, gout me all

this is a fiat system. it is not a gold standard.hen a politician talks about the deficit it is usually trying to confuse people that this deficit is an investment but we don't want to invest in the things that help like education or health care. we would rather invest in military or their own pension plans. host: do you think politicians should talk more about the $800 billion in credit card debt and what that means for americans, about the $1.6 trillion in student loan debt and what that means for young people? caller: i believe that would be more honest of a conversation. shows like this are good if we can get economists on to explain the difference between the fiat system and the gold standard and why the deficit we are pulling is good, as long as we keep inflation low and pay off the debts and don't default. host: thank you for the call from michigan. a web sit have shown a couple of times and where a lot of this household debt information comes from as we were gathering this info to have a conversation with you. newyorkfed.com

this is a fiat system. it is not a gold standard.hen a politician talks about the deficit it is usually trying to confuse people that this deficit is an investment but we don't want to invest in the things that help like education or health care. we would rather invest in military or their own pension plans. host: do you think politicians should talk more about the $800 billion in credit card debt and what that means for americans, about the $1.6 trillion in student loan debt and what that means for young people? caller: i believe that would be more honest of a conversation. shows like this are good if we can get economists on to explain the difference between the fiat system and the gold standard and why the deficit we are pulling is good, as long as we keep inflation low and pay off the debts and don't default. host: thank you for the call from michigan. a web sit have shown a couple of times and where a lot of this household debt information comes from as we were gathering this info to have a conversation with you. newyorkfed.com

statement of neutrality between united states and britain was revolutionary, but washington is really fiated on the fact that we have a strategic asset that's unlike any other. i joke in my book it's a version of what will rogers used to say, which was america has the two best friends any country ever had. their names are the atlantic and pacific ocean. we are insulated from the chaos of continental europe where they've been killing each other for centuries. that's a strategic asset, particularly at the time, of course, when distance really inoculates us. and so he says, look, we need to become an independent nation. we need to build our strength and then we can be rooted in our own sense of interest and justice. it says, look, you don't have permanent alliances with other nations. we're not going to be a satellite of anybody else. we're not going to get dragged into a foreign war. that would be a huge mistake for who we are now as a young nation that needs to build up strength, and it would squander our strategic advantage. this plays out in the 19th century. it is considered sacred, but it

that they couldn't get enough democrats to support in either house of congress to do it by executive fiattrillion. the entire cost of build back better by the stroke of his pen? it's an affront to the constitution and the separation of powers. congress has the power of the purse. he has no authority to do this. >> benjamin: the president didn't make this announcement on postponing the moratorium until senator manchin said the bill was dead. that's probably tied in all together. thanks so much for joining us today. have a very merry christmas and i'm sure we'll see you on the other side. >> thank you, same to you. >> julie: new census data is out showing populations in red states grew during the pandemic while blue states shrunk. texas, south carolina, and utah all seeing some of the largest gains while california, new york, illinois are experiencing some of the biggest drops. >> benjamin: investigators in colorado using dna testing in hopes to find jonbenet ramsey's killer. today we talk to a father whose daughter died of a fentanyl overdose and what he says president biden should do. >>

transact for each other 24 hours a day, 7 days a week, so we are the primary regulated on ramp from the fiatcy ecosystem, and so for us and for our customers, it really doesn't matter whether the prices are going up or down most of our customers, what we do is we connect exchanges, crypto currency exchanges, coinbase and gemini, to investors investing in bitcoin and other digital assets as an asset class. many of our institutional investment customers trade the volatility when the price is going up or down they're in the market and that causes increases in transactions across the silvergate exchange network and increases our deposit balances >> what is your take on all the volatility we've seen as of late in bitcoin and some of these other coins? >> yeah. i think it's not dissimilar to the volatility we're seeing in the broader financial markets and, you know, one of the things that we look at is the institutional adoption and one of the ways we describe si silvergate's business, we are in a growing industry, this crypto currency industry, it's new and only been around 11 years, but definite

consumers another way to purchase his products and also give themselves a way to vote against the fiattral banks and it has been very effective. it is somewhat of a joke. it is a casino, there is no store of value in cryptos and it gives people an option and why they're bidding up. it is entertaining viewing for professional investors. it is our form of popcorn viewing in the stands on a game that isn't well-suited for reality. neil: to help viewers out i did crunch these numbers. this is at around 19 cents. it can be very volatile to put it mildly, with run-up today running up a 22% clip. i raise this, that is the nature of the beast with these investments, right? they're not for the faint ever heart. among those would be even for more challenged faint of heart. where do you see this whole technology going? this whole investment sphere going? so many more are trying to give it street cred in new york, the incoming mayor wants to be paid in bitcoin. the mayor of miami, florida, pretty much the same. other countries considering considering using it as a viable currency. where is this al

. >> people see etherium as a technology bet bitcoin as a basement of the fiat currency bet. >> you'veyou so rich i don't want how close you watch bit copy but when it does go from, when it went from 20,000 to 2,000, you had to be like, oh my god! so if it goes, sow still see it and -- so you still see it you got a lot of it. 63, 44, 49 now do you think it's in a -- do you think it goes under 40 >> i don't i really don't i was just in the middle east. there are new players lining town participate in this crypto economy, from the middle east all over the u.s., the pension fund so there is a bit below the markets. an institutional bid it's slowly. they've done their work. they're waiting to participate i think people now have woken up that crypto is an asset class and crypto is a part of a portfolio. that even if the fed starts acting more hawkish, it's an amazingly complicated plane to land for powell and yellen right. we got a political environment that wants to spends more money. we have a monster budget deficit. and if you raise rates too fast, will you shake the economy and no plipt

additionally in recognition of that, we have executive orders we have legislation, we have admits rated fiatsuding the current executive order that recognizes the continuing vestiges of the desert this commission. someone to talk about that and see what we can do about that in a limited time. i want to suggest three things that we can do, where we are, we are at a point where our. institutions are stronger today than they were yesterday. but in spite, the infusion of capital and investment, we talk about these, were not talking about hbcus being given anything. hbcus are the cornerstone of america. america cannot realize education goals or economic goals or health goals, or inability goals, or --. [indiscernible] -- because of the fact that without hbcus there will be no excellent diverse working-class. >> miss baxter bill. the chairwoman is trying to get your attention. >> i'm sorry. >> the chairwoman is trying to get your attention. speak up, frederica. rep. wilson: your time is expired. >> i'm sorry. i look forward to entertaining your questions. rep. wilson: thank you so much. our second

is in a pretty good position, as long as theed a might have been straf fiat doesn't destroy the dianagnificantly the expression anti-business is not getting their way. that's a good thing if are you pro-business and we'll see what the bi-elections as we lead up to this period in november what happens in the house and the senate and if, indeed, they have changed their power, then that will be a good him for the marketplace. so i'm pretty optimistic, becky. >> we will think positive and hopefully test negative. richard, thank you. >> happy new year, becky, happy new year, washington, thank you. >>> and to you, too. >>> coming up, moderna shares have lost more than a third of their covid says i c onch dhave surged. biteown 30% or more just this month, we'll be right back. and a follow up. and a “did you see my email?” text. orrrr... you could see her status in slack. and give lisa a break while you find someone online who can help. slack. where the future works. who can help. ♪ ♪ ♪ digital transformation has failed to take off. because it hasn't removed the endless mundane work we all ha

if you believe bitcoin is real, it's based on the fact that fiat currency is becoming less and less criticalyou believe it's going to continue and you believe bitcoin is going to be here for a while, as do some of the largest pools of money in the world, 0.72 capital, rail dalio said he's had money put in there as well as elon musk, jack dorsey with square, and countless other companies are out there with this. so i would clear -- i'm a bull on bitcoin. i add a small amount over the week med. everyday investors, i recommend putting in money you can afford to lose. i think the best days for bitcoin are ahead of it, not behind it. maria: do you only like bitcoin or do you want a portfolio of crypto. what about ethereum. >> ethereum is my biggest holding. i'm more bullish on the technology there. i dab he -- id a bble in small amounts. my core holdings are bitcoin and ethereum. maria: maybe you're picking the wrong teams, you ever think of that, mike? i'm just kidding you. [laughter] maria: katherine -- >> i definitely am, maria. maria: goldman is cutting the forecast for gdp for next year, the

he says bitcoin is so powerful because it is traded freely saying fiat money like the dollar, the euroven though it has been shot down by mexico's central bank to make banco as ac to do purchaseby bitcoin. he is a billionaire. ashley: south american countries have adopted bitcoin and other as official tender. i'm wondering would this statement from a billionaire whether this may spread? it is very interesting. lauren: yeah. just think about all the remittances that go to those countries, right? it makes it much easier to do so. ashley: right. lauren: it is borderless, right? it's simple. so we'll see. ashley: it's simple. lauren: whether we see such an institutional adoption of bitcoin and other cryptos this year, 2022 could bring even more. ashley: well, that is interesting because the feds still have a shady view of it because they have concerns about money laundering and the seacrest at this and so on. you know what? the more we talk about it, the more it becomes part of our culture. jeff sica and others say this thing is continuing to climb but it is getting harder and harder to be

as if delta, which we have — rates, it looks as if delta, which we have had for a while, is still fiat growth is omicron. what _ flat, and the growth is omicron. what we — flat, and the growth is omicron. what we have got is to epidemics on top of— what we have got is to epidemics on top of one _ what we have got is to epidemics on top of one another, and existing delta _ top of one another, and existing delta epidemic roughly flat and a growing — delta epidemic roughly flat and a growing omicron, very rapidly growing — growing omicron, very rapidly growing omicron, very rapidly growing omicron epidemic on top of it. growing omicron epidemic on top of it next _ growing omicron epidemic on top of it. next slide, please. when it comes— it. next slide, please. when it comes to _ it. next slide, please. when it comes to hospitalisations, this reflects — comes to hospitalisations, this reflects where we were two or more weeks _ reflects where we were two or more weeks ago _ reflects where we were two or more weeks ago and therefore the rates have remained reasonably flat over guite _ have r

, but it is certainly not going to be an easy one to fix. certainly not going to be an easy one to fiate first study of how well boosters work, and the researchers found promising signs that a third jab also protects against illness and death from the new 0micron variant. 0ur health correspondent dominic hughes has the details. amid the uncertainty around the 0micron variant, some good news. further confirmation the booster jabs being used in the uk are safe and effective. a study involving nearly 3,000 adults saw boosters given about three months after second doses of astrazeneca or pfizer. seven vaccines were studied in all, but the two used for boosters in the uk, pfizer and moderna were the best. we saw very encouraging results from all the vaccines we tested, in terms of the magnitude of the booster antibodies but also in terms of how the body remembers the vaccine and then is able to respond in future to the long—term memory. boosters can cut the risk of infection by more than 93%. the plan is to offer them to all adults aged over 18 in the uk before the end of january, and it wil

here, in order not just to participate but to preserve the value or perception of value for their own fiatl as a risk to you in your forecast? ebrahim: to us, that is not a central topic. cryptocurrencies are interesting and for many other reasons, we have some of our own writing that there is a correlation between market price of inflation and the price of cryptocurrencies and bitcoin in particular. that is somewhat similar to the gold price historically, but when it comes to the setting of monetary policy, i think mandates are quite separate. i think the monetary policy remains firmly focused on the observation and inflation reached levels they can no longer ignore. there are other powers in particular, supervisors, housing the same institutions paying a lot more attention to cryptocurrencies. central banks are supposed to become much more of a focal point over the course of this year but some of the projects make alive in the next couple months. paul: i'm willing and ready to take risk in 2022. do i go to emerging market currencies? what are your thoughts? ebrahim: we are skeptical. you

nhs, you spent time seeking - questionable donations to refurbish your fiat _ questionable donationsnation about how you and - spend your time is leading the| nation about how you and your spend your time is leading the - nation about how you and your office party _ nation about how you and your office party during — nation about how you and your office party during lockdown. _ nation about how you and your office party during lockdown. tonight - nation about how you and your office party during lockdown. tonight the l party during lockdown. tonight the people _ party during lockdown. tonight the people of— party during lockdown. tonight the people of north _ party during lockdown. tonight the people of north shropshire - party during lockdown. tonight the people of north shropshire have i party during lockdown. tonight the . people of north shropshire have said enough _ people of north shropshire have said enough is _ people of north shropshire have said enough is enough _ people of north shropshire have said enough is enough. they— people of north shropshire have said enough is eno