U.S. Treasury Department says that DeFi and decentralized crypto markets threaten national security
(twitter.com)
-STRAIGHT UP PANIC MODE-
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No shit!
If anyone believes crypto is good for the United States of America as a nation is beyond help able
How specifically is crypto bad for the United States?
It's a global currency. How is it good???
Wealth redistribution at its finest.
Subset of the same reasons the gold standard was good?
How is gold controlled?
It's not really at all, just synthetically due to Federal reserve notes, who remembers a democrat outlawing gold ownership?
(Federal lands) It's dug out of the ground.
Why do you think most of the west is owned by the feds? It's not oil. It's gold and silver.
Wealth redistribution, by definition, is the forceful taking of property of he who has honestly acquired it and giving it to he who has not, while keeping a big cut for the tyrants who committed the crime.
A currency, in and of itself, is not wealth distribution. It is simply a means of exchange.
Only when someone steps in with a gun and takes it from he who honestly owns it, does it become wealth redistribution.
But that is the action of the forcible taking, and not the currency itself, that is the distribution (which is a verb, not a noun).
Lmao okay. And what nations have the largest GDPs in the world.
Then look at their stance on crypto LMAO
WE ARE BEING STOLEN FROM
Sorry. Not stolen. You idiots are giving your money away. I cashed out 2 years ago
Gold at one point was a world currency. Is Gold bad?
Who regulated the price of gold? Lmao
You are proving the point.
Why specifically should we care?
Dems2Felony stated that crypto is bad for the US and anyone that doesn't think so needs help.
If crypto is so bad for the United States, he should be able to easily explain why.
I agree. Waiting for the explanation.
Lmao you’re a fucking idiot
Lmao how many civilizations have fallen due to their currency being devalued?
How many prominent civilizations existed with a global currency. NONE