05/05/2015
https://www.congress.gov...
"So the cryptocurrency boosters argue that crypto is the Yellow Brick Road to a faster, cheaper, and safer financial system that works for everyone, not just for the biggest banks."
"The best thing we can do to protect Americans' money is to adopt smart regulations that protect investors and consumers."
"I am not convinced that crypto is the solution. In fact, crypto could be even more dangerous for consumers."
"Instead of leaving our financial system at the whims of giant banks, crypto puts the system at the whims of some shadowy, faceless group of super-coders and miners, which does not sound better to me."