US govt taking more hostile approach to adoption of crypto with El Salvador legislation in US. This was previously assumed in our discussions around the way crypto messaging by Gensler and US gov was going. While saying 'we're for it', aggressively pursuing CBDC anti-crypto measures and media coverage that is largely slanted against NFT, crypto adoption. El Salvador's adoption of BTC has been a huge hit for US gov. #BTC #crypto #news #money
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I guess the govt just want to make sure this crypto thing will not be use by scammers, just like when text, cellphones and apps boom, some people scam us and say we can invest crypto to them, after a while they will be gone!