this is nothing but another media campaign. they don't really have the resources to regulate cryptos.
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this is nothing but another media campaign. they don't really have the resources to regulate cryptos.
There is no way they can trace what you have...
So either they don't know that yet
or they're trying to scare the people who don't understand
into thinking their crypto can be traced.
That is going to be wrong in many cases, crypto is not anonymous. Anybody that has ever cashed crypto for fiat using an exchange or a debit card is being tracked.
When its cashed in they can track it, when its crypto they can't.
The IRS has already gained access to every transaction on Coinbase
this does not stop more money from fleeing USD into cryptocurrency every day, or at all diminish the gargantuan untapped market that exists for crypto. the US govt is a complete disaster politically and effectively, even worse on the "underbelly" from what can be gleaned. they can't stop the crypto revolution, meanwhile the rest of the world abandons the US petrodollar as the global standard and humanity enters a new age of economics. when they limit their citizens abilities to use crypto, those who understand the "why" will adopt even faster.