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Has Bitcoin been bounced out of the financial mainstream?

Can Intel turn its $15 billion autonomous driving acquisition onto the right road?

These are the issues we'll be covering in this week's Views Room,

a weekly conversation among breaking views columnists about the ups and downs of the world of finance.

I'm Anthony Curry, and I'm here with my colleague

Jennifer Saber. Hi, Jen. Hello. So first, let's tackle Bitcoin. It's just been given a big

thumbs down from the US Securities and Exchange Commission. Just a few days ago, the watchdog

turned down a longstanding application from the Winklevoss twins of Facebook fame to set up the exchange

traded fund linked to the cryptocurrency. So joining us to explain this situation as associate editor

Tom Berkeley. Hey Tom. Hi, Jen. What's going on? Why isn't there any love for Bitcoin coming

out of D.C.? Well, they've had a long time to think this over. The abysional application was put in in 2013. The current version dates to last July. They've extended it the deadline period several times. And last Friday was the ultimate deadline. People thought with that kind of prolonged exposure that perhaps they were just trying to get comfortable with it, maybe there were a couple of details that needed tweaking. But it turns out the SEC doesn't like Bitcoin at all.

Most of their objections really were fundamental, not technical related to the Winklevoss structure.

It was about the sheer liquidity, the vulnerability of the market to manipulation and the fact that most of the

trading occurs in these unregulated Chinese exchanges. So it's really opaque. Is that part of the

It's opaque? And, you know, again, there is no, typically when these types of commodity type

...