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They will just try to turn crypto into the existing banking network by forcing citizen coin holders onto the exchanges, banning transactions from non custodial
by CTDOCodebases 5y ago
They will just try to turn crypto into the existing banking network by forcing citizen coin holders onto the exchanges, banning transactions from non custodial addresses and continuing to control the on-ramps and off-ramps. This way they can monitor transaction and if they don’t like something or are suspicious they can just seize the funds once they hit an on-ramp/off-ramp.
A CBDC will be introduced and all other USD stable coins will be banned and consider counterfeit currency. The US CBDC will replace stable coins and allow the US to continue exporting its currency abolishing other currencies in the process while gathering intelligence.
- Jerrrry 5y agoThis. https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102 Remember, the use of encryption above a certain keyspace is still considered exporting arms, and subject to ITAR. They will let more suffer from the bubble to allow swift legal reform.
- CTDOCodebases 5y agoMaybe the bubble will be popped deliberately like it was back in 2017.[0] [0] https://www.coindesk.com/markets/2019/10/22/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says/ https://www.coindesk.com/markets/2019/10/22/trump-administra...