CCFCN: Senator Warren Urges Stiff Regulation of Cryptocurrency

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cmoneyspinner

Just Google "cmoneyspinner". I get around. LOL.

3 years ago (Last updated: 2 years ago)

In community: Everything Crypto(f12e)

Topics: Cryptocurrency, Government regulation, Wealth management, Fraud protection, Money and Wealth

Continuing my series: Curated Content for Crypto Newbies (CCFCN).

COMMENTS ON THE CRYPTO NEWS AS OF JULY 27, 2021:

I have great respect for Elizabeth Warren. She took on “the good old boys network” and her work brought to light a lot of financial fraud. Her work was so good that “the good old boys” dissolved the organization that she was in charge of, so that she could not do any more work and bring any more stuff to light. That didn't bother her. She went out, ran for Senator, got herself elected and kept marching on. She had hoped to march all the way into the White House. In 2020, she sought the Democratic nomination for the highest office in the country: President of the United States.

While I don't agree with everything she says and does, I do agree with her that we need to keep our eyes open and be ready to take effective enforcement action against criminals. Because when it comes to any kind of currency or “means of wealth”, we have to diligent to thwart the efforts of corruption. There is always a Dr. Evil or a Dr. Fu Manchu, i.e. Super Villain, who wants to carry out their wicked evil plans and rule the world. Moo Ah Ha Ha Ha!