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A comment on SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund [pdf]. Parent comment

Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by arthurcolle on Friday March 10, 2017 @08:11PM (#13843525)
Read about Soros breaking the Bank of England sometime, it's great stuff. Black Wednesday I think is the name of the event in popular culture
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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by Blahah on Saturday March 11, 2017 @10:37AM (#13845730)
Great stuff in the sense that one person can directly profit to the tune of a billion dollars, by manipulating currency markets, at the cost of the taxpayers of an entire nation. So, not great stuff at all.
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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by shitgoose on Saturday March 11, 2017 @10:35PM (#13848784)
He did not manipulate pound. UK government manipulated it by locking the exchange rate that did not reflect the fundamentals. Pound was doomed, Soros just profited from the crash. So, yes, great stuff - government should pay for its stupidity. Unfortunately they pay with our money...
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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by Blahah on Monday March 13, 2017 @09:34AM (#13857650)
He shorted the pound enough to move the market significantly, and his buyback strategy deliberately prevented any stabilisation. The crash wouldn't have happened or at least wouldn't have been as bad without his involvement.
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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by shitgoose on Monday March 13, 2017 @06:34PM (#13863155)
https://www.youtube.com/watch?v=K_oET45GzMI

a good overview of the origins of the crisis. how politicians for their own shortsighted gains made one poor decision after another and led the country into financial crisis.

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