you might think it is hypocritical that they tell us that we have to have crypto because, otherwise, China will do it. Then they say: We can't have a digital dollar because China is doing it. That is not inconsistent. They are consistent. Their consistent rule is that you must do what makes profit for the crypto bros, including Donald Trump, and you must prevent them from facing any competition, even the competition called for by the U.S. Constitution. Today's bills in whole, all three of them, will create a payment system designed for tax evaders and criminals. It will provide for taxpayer bailouts, and it will allow the crypto industry to say that we have all this power in Congress. Crypto bailouts are not only allowed, but they are guaranteed. It will provide an avenue for foreign interests to provide hidden money--``cryptocurrency'' literally means hidden money--into Trump's personal pocket, and it is designed to allow taxpayer money to be used to buy bitcoin and Trump coin. Finally, it takes our freedom. It says that you can have freedom to have a digital currency only if you do it in a way that it enriches the crypto bros. There would be no choice for Americans who want a digital dollar.
Editor's note · Context
Discussing the implications of proposed legislation on cryptocurrency and digital currency.
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