Originally published at: Crypto Regulation Bill Proposed in US Senate | Infostormer.com
Elizabeth Warren aka Pocahontas has proposed a bill in the United States Senate to regulate and destroy crypto.
Bitcoin Battered As Sen. Warren Unveils Bill To "Crack Down" On Crypto https://t.co/FUYX72HXnx
— zerohedge (@zerohedge) December 11, 2023
The dumb bitch has been on television rambling on about how crypto is a big security threat etc..
JUST IN: 🇺🇸 US Senator Elizabeth Warren says "there's a new threat out there, it's crypto" and "we can't allow that to continue." pic.twitter.com/FYjZYhH8q2
— Watcher.Guru (@WatcherGuru) December 7, 2023
The bill seems to contain everything JP Morgan’s CEO Jamie Dimon demanded.
Yesterday, Jamie Dimon gave marching orders to U.S. officials to shutdown crypto exchanges pic.twitter.com/Wca9q10Pv2
— Financelot (@FinanceLancelot) December 7, 2023
Dimon claimed that crypto is only used by criminals even though all sorts of crime is committed inside the banking system. In fact, the banks are literally doing fraud because they create unlimited amounts of money on computers.
Many cryptos including Bitcoin went down on this news, but I’m highly skeptical that such an effort to regulate and destroy cryptos will succeed. You have countries like El Salvador that have fully embraced cryptos and many people have a position in them because of how unstable the banking system is. This is about destroying a rising competitor to these corrupt Jew banks.