Editorial: It Sure Looks Like the U.S. Is Trying to Kill Crypto

But denying the developers of cryptocurrency tools and the creators of cryptocurrency services the ability to manage their dollar funds in U.S. banks is not an anti-fraud measure. It is a daisy-cutter bomb likely to cause indiscriminate carnage.

There is also the risk of crypto becoming politicized. The digital-asset community has often shunned party politics, preferring to uphold larger principles of freedom and personal autonomy. In fact, constructive, bipartisan crypto legislative proposals have largely been the norm – most notably the comprehensive bill sponsored by Senators Cynthia Lummis and Kirsten Gillibrand . But now the perception that the administration is anti-crypto is threatening to destroy that open collaboration.

More broadly, crypto has become a nexus of advocacy for tools that resist the dangerous concentration of digital power in the hands of companies whose hoards of data make surveillance and censorship their primary stock in trade. The worrying rise of surveillance capitalism is a topic of clear concern for many of the legislators whose authority bank regulators currently appear to be usurping.

In this respect, cryptocurrency tests principles of government restraint foundational to the American ethos. The religious, free speech and other rights enshrined in the U.S. Constitution are blueprints for the spread of liberty around the world. They have helped increase human flourishing, happiness and wealth for millions.

KReyofCoinDesk WOW

KReyofCoinDesk consensus2023 DESK Token project is unless 😂🤣😂

KReyofCoinDesk Wrongly, in that case US must fell

KReyofCoinDesk Never too late to start I guess...good job

KReyofCoinDesk Where were you when it started Clown 🤡

KReyofCoinDesk Guess what

KReyofCoinDesk No just gotta figure out a way to regulate it,there’s a lot of nonsense ,a lot of rug pulls and bad actors! We don’t need thousands of crypto currencies that tells me the bottom is not in so much nonsense to wash out

KReyofCoinDesk Because of people like Mashinsky and SBF_FTX the government had to intervene as people were being scammed , nothing against crypto , once these scammers are locked up then the industry can flourish

KReyofCoinDesk If they wanted to kill it, they would have done so years ago. Fidelity & formerly Eris X

KReyofCoinDesk Where the hell have you been !!!!?😡🔥😡🔥😡😑😑🙄🙄🙄the US GOVERNMENT HAS BEEN violating the citizens rights and freedoms for the past few years!! They are running the country into the ground to the point we are not going to be able to survive!! The rest of the world sees

KReyofCoinDesk You've taken a long journey on a short bus if you've just arrived at this conclusion. Data points have been thick on the ground for over 2 years.

KReyofCoinDesk Uh, where the hell you been? You sound like you just entered the space. 🤦‍♂️

KReyofCoinDesk CryptoLawUS the problem with crypto journalism also, is this has been an issue for many years didn’t feel it that newsworthy as it didn’t affect them or they perceived perhaps that they could derive some benefit at the expense of Ripple and or XRP holders - now it does

KReyofCoinDesk Then its killing USA too haha

KReyofCoinDesk They’ve been doing it since December 2020. Welcome to Planet Earth,

KReyofCoinDesk They never will mediate this shit they need to stop

KReyofCoinDesk The community needs to stay proactive in protecting their interests. It will be hard to block innovation with government regulations.

KReyofCoinDesk It looks like it hahaha

KReyofCoinDesk Hall better speak up now or end up in a camp

KReyofCoinDesk Only to have a hacker discover that the SEC is sitting on a wallet that holds 25% of all of the Dogecoin supply. So what is really going on? They hold a meme coin? Why? Make it make sense. $doge doge sec crypto

JohnEDeaton1 KReyofCoinDesk

KReyofCoinDesk Damn why are they cracking down on crypto they blamed their fault on crypto

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CoinDesk Editorial: It Sure Looks Like the U.S. Is Trying to Kill CryptoThe federal government’s recent actions against crypto are – rightly or wrongly – widely perceived as a coordinated attempt to maim digital assets. This risks sending a vital industry overseas without actually protecting investors. It's important that entities all over the world take the time to do their due diligence when looking into the benefits Web3 initiatives have to offer! The push towards a digital future is happening regardless, no one should be left behind. It's important that entities all over the world take the time to do their due diligence when looking into the benefits Web3 initiatives have to offer! The push towards a digital future is happening regardless, no one should be left behind. KReyofCoinDesk Dollar was born of war. Dollar is always in war.
Source: CoinDesk - 🏆 291. / 63 Read more »

NFL Owners Announce Secret Meeting To Make Sure They Aren’t Colluding Against Lamar JacksonPHOENIX—In an effort to investigate claims that they were conspiring to suppress the market for the Baltimore Ravens quarterback, NFL owners announced Friday that they had held a secret meeting to make sure they weren’t colluding against Lamar Jackson.“We had a big clandestine gathering where all 32 of us completely… Banger It looks like the crowd at an Indiana football game or Indiana any fucking thing.
Source: TheOnion - 🏆 724. / 51 Read more »