Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked

in #bitcoin • 5 years ago

Christopher Giancarlo, who left the U.S. Commodity Futures Trading Commission (CFTC) at the end of his five-year term as chairman in April, told CoinDesk in an interview:

“One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the [National Economic Council] director at the time, Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked.”

I mentioned this for years now, the SEC and regulation story is setup to kill Bitcoin, nothing else.

Yes, it is sick

https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says

#crypto #cryptocurrency #money #steemit
5 years ago in #bitcoin by
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