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Gary Gensler yesterday argued on live television that digital currency already exists and therefore there's no reason for crypto to exist. Moreover, in the Hous
by I_am_tiberius 3y ago
Gary Gensler yesterday argued on live television that digital currency already exists and therefore there's no reason for crypto to exist. Moreover, in the House hearing some months back he said that it's not crypto that will change the world, but AI. I don't have any kind of facts for this but my believe is that the Biden admin feels that crypto currencies devalue the US Dollar and therefore considers them threatening. So they're going after them. If that true, this might be a big opportunity for other countries and regions in the world to get ahead of the US. Also, I feel the US has anyway too much influence in the world. So I see this as a positive for the world as a whole.
- jjulius 3y ago>So I see this as a positive for the world as a whole. Yes, scammy cryptocurrencies being called on their bullshit is a positive for the world.
- I_am_tiberius 3y agoCan you give some context? Do you mean a specific one that is a scam? Or do you refer to scammers that use cryptocurrencies as a medium of exchange?