The MYTH about Bitcoin’s Role In Illicit Activity: DEBUNKED

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3 years ago

Janet Yellen was just unanimously approved by The U.S. Senate Finance Committee for Treasury secretary. She’s taking over from Mnuchin, and is so far not off to a good start regarding cryptocurrency.

Earlier this week she said that cryptocurrencies are “a particular concern” when it comes to criminal activity and terrorist financing.

“I think many [cryptocurrencies] are used, at least in a transaction sense, mainly for illicit financing."

Forbes contributor Hailey Lennon noted in a recent article that Yellen is just plain incorrect. The money laundering tool of choice is still the good old US Treasury.

Including some archival footage of me on the Stossel Show in 2014.

Follow Hailey here:

https://twitter.com/HaileyLennonBTC

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#bitcoin #crypto #cryptocurrency #blockchain #Crime

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3 years ago

Comments

Yellen and crew are puppets bought to spread the emotions of opposition.
The entities behind such pronouncements have gloomy agendas for our economies.
A deeper search for who is behind Yellen, Lagarde and their ilk may follow dark paths.


noting this new bit:
https://www.forbes.com/sites/vipinbharathan/2021/01/22/central-bankers-and-crypto-twitter-perennially-in-opposition-analysis-of-scale-of-crypto-crime-and-the-prospect-for-regulation/
It is possible that the regulators may regulate themselves out of existence.
The intensity which regulators wish to impose correlates directly to how intensely economies are being wrecked by the collusion between plandemic and xenophobia.
By the end of next year the USA and Europe may no longer have economies to regulate.
The only places with hope are in the southern hemisphere.
(Aside from the "Mad Max" territories, of course.)

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3 years ago