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GRIM REAPER

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Re: Bitcoin: The Risks of a Government Crackdown

in response to

Bitcoin: The Risks of a Government Crackdown

GRIM REAPER

posted on Feb 13, 2018 03:21PM

SideNote: Jim Rogers knew what he was talking about; he said if Government wants total control of money, they will. I was reading elsewhere about how Bitcoin would undermine faith in the currencies. If you really think about it, this currency control by the U.S. Government has also been applied to the PMs market. Governments will not stand for any competition that may undermine the strength of their currency PERIOD. GRIM

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France & Germany call for global bitcoin clampdown

Published time: 10 Feb, 2018

Joining the chorus of regulators calling for a crackdown on cryptocurrencies, the French and German finance ministers said digital tokens “could pose substantial risks for investors” and potentially long-term financial stability.