US TO BAN CRYPTOCURRENCY.
Just when I was thinking that the FUD in the crypto space is all over, it resurfacing again.
First it was a bank CEO who was threatening to short down cryptocurrency and now it is the US Congress calling for a ban of cryptocurrency in the United States.
Congress man Sherman call for a ban of cryptocurrency in the US. He said that it threaten the US dollars which is what make them strong in the world and if cryptocurrency there takes over, they will become week.
He also said that cryptocurrency is used by criminals and he particularly mentioned this terrorist group Hamas of using bitcoin and so for this reason it should be outlawed.
It is very sad to hear this US sentor's call for the shot down of cryptocurrency, because he is a democrat and that party claims to be a progressive party so I didn't expect it from them.
Anyway, let us see where this will lead us to. But I think cryptocurrency is here to stay, they can't weep it out.
Source: https://www.ccn.com/bitcoin-democrat-ban-cryptocurrencies/amp
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