This is another case of Govt's attempt to kill crypto. They are afraid of the death of their fiat tax machine!
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This is another case of Govt's attempt to kill crypto. They are afraid of the death of their fiat tax machine!
Actually, they are looking at ways to incorporate blockchain technology within the framework of a private network and switching to a cryptocurrency as part of the smart economy being pushed as a control system. Bernanke is a fan of blockchain technology and considers the power they could have with cryptocurrency where they can just empty your wallet for whatever reason like you are not being a good citizen. These guys do not care about fiat currency, what they care about is power, and money is just a means to that end. If they can have more control over you via cryptocurrency they will switch in a heartbeat.
Peace
#daemon-nice