US cracks down on Bitcoin exchange
The entire idea behind Bitcoin is to provide an inflation-resistant currency option. "Currency" is anything used to trade goods and services. These trading venues are more stable than our current money system we are forced to participate in. Its a loophole in the inflation scam. The US Govt. is worried about not being able to collect bribes from Bitcoin exchanges, like they collect from the rest of the banks, so the exchanges were shut down to show them who's really in charge... and the people really in charge are the big banks who bribe the politicians.Drug money laundering and avoidance of Taxation are their main concerns... since the GOV mob has control of both still.
5 years ago