The fools cover the most interesting investment headlines from the last week.
1) The SEC and Congress are signaling increased crypto regulations- the SEC chairman Gary Gensler said he has yet to see a cryptocurrency that isn't an obvious security, an attempt to expand the SEC jurisdiction over all cryptocurrencies. Congress is also including crypto taxation language in the upcoming $1 trillion infrastructure bill.
2) What is the future of streaming and multimedia? With the streaming wars heating up and taking profit from theaters, the fools theorize what the next big investment move could be in the entertainment space.
3) Government Crypto Crackdowns are failing. Nigeria, whose government initiated a ban on cryptocurrencies back in Februrary has now become the second highest user of bitcoin, indicating that governments can't truly ban a decentralized currency. All that the ban has done is push users into less transparency avenues to access crypto.
4) Miami is the self-declared crypto capital of the world. And to prove it, they're coming out with their own cryptocurrency, called the MiamiCoin.