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Crackdown on cryptocurrencies?

serfserf Member Posts: 9,225 ✭✭✭✭


The central banks say only criminals with money laundering and terrorist financing are in these currencies. They fail to admit that their Fiat money has flooded the world and is becoming worthless with every stimulus plan when debt is created and they need Tax money & financing revenues to prop up their casino system where the GOVERMENTS win all the time with their funny money.

serf

https://www.cnbc.com/2021/04/12/bitcoin-kraken-ceo-jesse-powell-warns-of-cryptocurrency-crackdown.html

Governments around the world may start to clamp down on the use of bitcoin and other cryptocurrencies, the CEO of a top crypto exchange has warned.

A number of officials — from U.S. Treasury Secretary Janet Yellen to European Central Bank President Christine Lagarde — have sounded the alarm about the use of bitcoin for money laundering, terrorist financing and other illegal activities.

“I think there could be some crackdown,” Jesse Powell, CEO of Kraken, told CNBC in an interview. Cryptocurrencies have surged in value lately, with bitcoin hitting a record high price of more than $61,000 last month. The world’s most valuable digital coin was last trading at around $60,105.

Comments

  • Ditch-RunnerDitch-Runner Member Posts: 22,352 ✭✭✭✭

    JMHO sounds like the government's are not getting what they think is there share in taxes and money being hidden so it must be out lawed .

    soon enough we will all have a debit card or similar maybe a "implanted chip even ? " every dollar will be accounted for such things as cash along with gold and silver will be outlawed to own or trade and any other "cloud " money like bitcoin we will be prosecuted for having or using

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