4 ms·
The US government is incentivized to keep Bitcoin and others from going mainstream. Simply because removing the US dollar hegemony means the US can no longer co
by SCUSKU 5y ago
The US government is incentivized to keep Bitcoin and others from going mainstream. Simply because removing the US dollar hegemony means the US can no longer continue to print money for deficit spending, and that sanctions would lose their teeth. I recall a TV show or movie where the Federal Reserve launched its own cryptocurrency, in which it was used for more surveillance. I could see that happening, I think the Chinese are already onto it.
- tablespoon 5y agoThe US government has nothing to fear from Bitcoin, despite grandiose conspiracy theories to the contrary.