How is bitcoin stored on an exchange any different to say... Stocks and shares held within a brokerage account? What about the grey area in the middle - synthetic bitcoin holdings via an ETF?
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How is bitcoin stored on an exchange any different to say... Stocks and shares held within a brokerage account? What about the grey area in the middle - synthetic bitcoin holdings via an ETF?
Thats the thing - seems this is an attack on crypto
No, the government doesn't want to attack crypto (I think they know that's beyond their control) they want to REGULATE it, and put TAXES on it. They just make laws. And believe it or not, the government doesn't control money -- huge centralized banks and the federal reserve controls all of our money, which is separate from US congress. Only the federal reserve has the power to create new money.
Yeah but that money controls our government..................
Nah, all the government has to do is to just print more money.
That's why they are called the governement.