Of course it is false, we had 2 months of FUD of which everything in the end was just lies. First they create FUD , few days after FUD we see 'no plans to ban crypto' to 'no plan for bitcoin crackdown' to 'we will not ban the use of credit cards to purchase crypto', Crypto is a return to the oldest form of trading - barter. People saying that there shouldn't be so many coins. I say the opposite is true. I see the blockchain as a future certainty, I think one day all trade will be carried out using crypto, and each company will have it's very own crypto currency. If you want to buy a Rolls Royce you'll swap whatever coins you've got to buy the Rolls Royce coin and purchase one of their cars. It will, of course alter the way businesses run, rather than being ran for shareholders it'll be ran for their coin's holders and profits will feed back into the currency itself. Companies like Apple who hold onto all their wealth and share almost none of it must change their ways else they'll go the way of the dodo.