kristin smith of the blockchain association our guest. our first call comes from georgia, on the line for the democrats, you are on with our guest. caller: thank you for taking my message. my question is -- guest: there is no fdic insurance today for cryptocurrency holdings. host: what factors go into the gain or loss of a currency? guest: in terms of price movements? there are a lot of factors, just like with the stock markets or other assets. you have macroeconomic factors. you can have factors with how the network is operating. sometimes there are larger investors that make different movements that have ripple effects. for better or worse, sometimes a cryptocurrency depends on what elon musk says. that moves markets. the markets are very complex. there are regulatory factors that move markets as well. this is not something that an investor should just jump into without doing their homework. there is a lot of thought and time that i recommend be devoted before investing in this space. host: from new york, this is frank. independent line

kristin smith of the blockchain association our guest.irst call comes from georgia, on the line for the democrats, you are on with our guest. caller: thank you for taking my message. my question is -- guest: there is no fdic insurance today for cryptocurrency holdings. host: what factors go into the gain or loss of a currency? guest: in terms of price movements? there are a lot of factors, just like with the stock markets or other assets. you have macroeconomic factors. you can have factors with how the network is operating. sometimes there are larger investors that make different movements that have ripple effects. for better or worse, sometimes a cryptocurrency depends on what elon musk says. that moves markets. the markets are very complex. there are regulatory factors that move markets as well. this is not something that an investor should just jump into without doing their homework. there is a lot of thought and time that i recommend be devoted before investing in this space. host: from new york, this is frank. independent line. call

kristin smith their executive director. coming up, reid wilson from the hill will not only talk about what the numbers mean coming out yesterday but the potential impacts on redistricting. reid wilson of the hill joining us next. ♪ >> weekends on c-span to bring you the best in american history and nonfiction books. saturday on american history tv, at 2:00 p.m. eastern, on the presidency, a discussion on the results of c-span's fourth historian survey of presidential leadership with richard norton smith, edna greene medford, and others. the survey ranks presidents from best to worst in can dip -- in 10 different categories. in lectures in history, women journalists face societal pressures to balance traditional femininity and having a career in journalism. professor tracy lu talks about the challenges these pioneering women overcame. >> book tv features leading authors is cussing their latest nonfiction books. sunday, at 8:00 a.m. eastern, hear from those attending freedom fest in south dakota, including author and attorney

kristin smith their executive director.g up, reid wilson from the hill will not only talk about what the numbers mean coming out yesterday but the potential impacts on redistricting. reid wilson of the hill joining us next. ♪ >> weekends on c-span 2 bring you the best in american history and nonfiction books. saturday on american history tv at 2:00 p.m. eastern on the presidency, a discussion on the results of c-span's fourth historian survey of presidential leadership with douglas brinkley, edna crane medford. at 8:00 p.m. eastern on lectures in history, turn-of-the-century women journalists face societal pressures to balance traditional femininity and having a career in journalism. i was to university professor tracy lou talks about the challenges these pioneering women overcame. book tv features leading authors discussing their latest nonfiction books. on sunday at 8:00 a.m. eastern, hear from authors attending freedom fest. opinion pieces and speeches in her book the ecstatic pessimist. national review columnist john fu

joining us is kristin smith, the executive director of the block chain association and here to talk about congress and the recent discussions they had on the topic of cryptocurrency. thanks for being with us. guest: great to be here. host: what do you do and glad to have you back? guest: we work with our 46 different member companies who are part of the cryptocurrency industry, and we work to figure out the public policy positions of the industry and advocate for those policies before congress and federal agencies. host: when it comes to the cryptocurrency itself, what is the best way for the average person to understand how it works? guest: cryptocurrency does take a little while to understand. i encourage people to google terms they do not understand. it is a digital asset. it is something you can and give to other people -- can own and give to other people. the big innovation is that you can make transactions online in a way that does not involve a middleman. it creates a lot of efficiencies, and there are different applications that can be built around this technology. they are in the

coming up, we will talk about congressional efforts to tax cryptocurrencies with kristin smith and thenew senses and redistricting data. watch c-span's washington journal, live at 7:00 pst -- 7:00 eastern on friday morning. >> the administrator of the centers for medicare and medicaid discussed the priorities for managing the federally run health care programs. she talked about equity in treatment as the administration's main priority. this is just under one hour. >> hello. i am the editor and chief. we are delighted you are joining us. the policy spotlight is a new series of virtual events from health care featuring in-depth conversations with influential health policy experts. the aspiration for the series came from our march of 2020 issue. just as the issue came out, we enter the covid locked out and had to cancel our release event.

. >> coming up this morning on "washington journal," block chain association director kristin smith discusseseffort

joining us now is kristin smith. director of the block chain.s for a bitcoin etf to get approved what do you think is going to be different this time, if at all >> well, listen, crypto etf would be the jewel in crypto's crown but i don't think we'll see an approval of an etf any time soon. later today, chairman barry gunzler will give a speech at the security forum where he has indicated he will lay out his plan for regulating crypto i think that he is very passionate about consumer protection and wants to see more robust regulation of the underlying spot market for crypto and i don't imagine that he's going to approve an etf until we see some sort of regulatory regime in place i could be wrong, but that my guess. >> kristen, what do you think that regulatory regime looks like perhaps most importantly, is there a regulatory regime that you could put in place that doesn't undermine the very premise, if you will, of some of these crypto occucurrencies ande anonymity? >> it takes bits and pieces and concepts from securities laws, commodities laws a

twice as likely on the average to get the picture for the financial advisers in that instance >> kristin smithock head i haven't seen you in a while, anthony. you have noted some underlying things happening in bitcoin arena in the last month or so. things like on twitter negative sentiment versus what was really going on underneath. can you explain why you saw some things indicated and you found some, what, 28,000 28 to 50 is a pretty good move, is it not? >> yeah. i think what's happening right now is folks are focused on the narrative, but in the bitcoin and cryptocurrency world, there's something called on sheet metrics. there's a whole new industry popping up what those metrics have shown us is nearly 70% of bitcoin is being held by long-term holders. over 80% in circulation are being held by long term holders. the last time that happened we saw a 500% move upwards. when you go through the on chain metrics you can see that realized bouncing back is very, very bullish ultimately it's manifesting itself in this supply chain thesis during this year we're going to see wild price action to the

smith ktvu, fox two news. the defense team for the man accused in the killing of kristin smart, is hoping to call convicted killertt peterson to the stand to testify. paul flores isn't on trial for smart murder, but his defense lawyer is calling on peterson to testify as defense witness because he and smart knew each other while they both attended cal poly floors is defense attorney has made arrangements to transport peterson from san quentin state prison to san luis obispo to testify. it's not clear what he would be testifying on peterson was sentenced in 2000 and five for murdering his wife, lacey and their unborn child. kristin smart, disappeared 25 years ago. coming up a massive project to pay tribute to the victims of the coronavirus pandemic. how artists in san francisco are honoring the four million people who have lost their lives. and i'm keeping an eye on temperatures that are warming up already, and we also have air quality issues. we'll talk about that. your what makes febreze air effects different? while cheaper aerosols rely on artificial propellants... febreze uses a 100% natural propellant. check