BIDEN ADMINISTRATION WANTS TO MONITOR CRYPTOCURRENCY

The Biden administration has already made its presence felt in a wave of changes that have not benefited many U.S citizens.

Liberals have made it a point to attack everything that goes against their communist agenda. The word “terrorism” is being thrown around very loosely and has become a weapon for liberals to justify their rhetoric and authoritarian demands.

Next on the list of terrorists is crypto coin holders. U.S Treasury Secretary, Janet Yellen, recently made a statement that may be concerning to those who acquired a significant amount of crypto-currency.

“I think it important we consider the benefits of cryptocurrencies and other digital assets and the potential they have to improve the efficiency of the financial system,” Yellen wrote. “At the same time, we know they can be used to finance terrorism, facilitate money laundering, and support malign activities that threaten U.S. national security interests and the integrity of the U.S. and international financial systems,” Yellen said.

https://www.fool.com/amp/investing/2021/01/26/president-bidens-financial-team-will-clarify-bitco/

While some have tried to downplay Yellen’s use of the word terrorism pointing out that she sees cryptocurrency in a good light, crypto holders have a reason to be concerned. This administration has displayed that they cannot separate pro-freedom from terrorism. The thought of the Biden administration attempting to regulate and monitor Bitcoin is just one more way that commies can stretch the long arm of big brother’s authoritarianism.

Picture this scenario, a low-life decides he wants to use Bitcoin for human trafficking or some other disgusting act, the media will demands that everyone holding Bitcoin should be monitored. Except it doesn’t stop there, it never does. That will then turn into a nationwide protest, probably filled with hired Antifa members who will then make the claim that Bitcoin has to be eradicated.

I think you can see where I’m going with this. Yes, what I’m saying may seem far fetched and highly unlikely, but just a year ago, if I told you that you would have to wear a mask to go into the grocery store or that you may have to be vaccinated to return to work, that would have seemed far fetched as well.

The truth is with this new administration, skies the limit; you cannot put anything past these people. It is almost certain that cryptocurrency will be demonized and seen a threat to society by the time the Biden administration is over.

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