US Wants Bitcoin Operators to Apply for "Bank Status" --- I am sure they do
Source: https://cointelegraph.com/news/us-wants-bitcoin-operators-to-apply-for-bank-status
The US Government is open to having Crytocurrency Operator apply for "Bank Status" which would then be regualated under the US Department of the Treasury.
In a recent Fed meeting it was reported that they are actively looking at way that Bitcoin Coin business's can be effectively liscensed.
This is not entirely new as Japan and South Korea have or are considering such programs.
I vote that Jamie Diamond sit on the board so he can espouse the wonders of Bitcoin --- that would be a hoot.
A total shocker.
The banksters want to control it...this is what they do.
Dimon's attacks were phase one...the next is to have it regulated....meaning up under their control (the exchanges at least)....
The third step is them buying up crypto with their fiat currency.
Yep ...yep and yep. They see the writing on the wall. Major countries around the world have issues with the US Dollar right now.
How's that to de-dollarization?? Is that what it's called??
Yes....de-dollarization where they do not need or use the US as much --- like for oil.
Isn't it that this is the goal for BRICS??
Terrific post and I wish steemit had a sticky or pin option because this is one of those Distinctive posts.
Thank you...
Is it true that Dimon is part of J P Morgan and is involved with Aethereum? So he's effectively trying to talk down a rival?
Jamie Diamond is like a poker player....he can wear many faces and say many things that only suit his end goal
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STOPIts a "cat out of the bag" problem for the bankers.
Now they are looking for methods to control a fairly Anon - deregulated system. Other than outlawing it & putting everyone in jail I can't see it happening.
But I'd expect them to get very imaginative in their "solutions". Inc 'scare' tactics in press etc.
But bottom line is ALL FIAT banking is digital anyhow!
The difference is 'they' don't control crypto. :-)
I agree...that is the funny part.