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RE: Is Bitcoin a threat to US National Security?

in Project HOPE3 years ago

Very insightful post. Of course, BTC has taken over as a world trend and you can't fail to recognize its effects, whether good or bad. There are so many conspiracy theories about the currency which is why most people, including governments of the world are publicly voting against it but I can guarantee you these same people are not oblivious to its numerous advantages. As a matter of fact, most of people invest secretly in the currency. Anyways, thanks for sharing.

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Thank you @stephenpaul. Well said sir, well said.

Like I said in the post, governments will have a say in how crypto is integrated into our system, but they won't have all the say.

The article’s tone was one of fear. A fear of an uncertain future that monetary policy won't be run by governments alone.

But to tell you the truth, governments don’t have complete control of monetary policy now, especially in the debt derivatives markets, where investment banks can create non transparent assets and do un-reportable peer-to-peer trading.

So crypto is just the next evolution in this process.

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