Do not trust this devil woman, she wants Bitcoin dead

[BitcoinGirl.Club]

You over-inflate horror stories behind whatever she said. She's the secretary of the treasury. Of course that her aim is to protect US Dollar. Of course that her rhetoric will be more against Bitcoin than pro Bitcoin. What you'd expect?! Somehow I don't understand why in 16 posts nobody said it already: her statements and views are almost certainly biased.

Could not agree less with you.

Devil woman

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

Crypto survived over 10 years. Nothing stopped its value to go over $65K and I do not think anyone would ever stop it. In fact their printed money are losing it's value. In Sri Lanka it seems plain papers have higher value than a bank note.

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[TimeTeller]

You over-inflate horror stories behind whatever she said. She's the secretary of the treasury. Of course that her aim is to protect US Dollar. Of course that her rhetoric will be more against Bitcoin than pro Bitcoin. What you'd expect?! Somehow I don't understand why in 16 posts nobody said it already: her statements and views are almost certainly biased.

Could not agree less with you.

Devil woman

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

Crypto survived over 10 years. Nothing stopped its value to go over $65K and I do not think anyone would ever stop it. In fact their printed money are losing it's value. In Sri Lanka it seems plain papers have higher value than a bank note.

By now, no expert or self-proclaimed expert even influential people can bring bitcoin down.
We survive throughout these years, with so many trolls, influential people or rich people giving their own predictions or speculations.
She can give her own opinion but we know that the market doesn't revolve from somebody else's opinion.
Most are giving their opinion based on what they perceive about bitcoin market, or it is about protecting their interest.
But at the end of the day, bitcoin market will move according to the sentiments of the people using it.

[sheenshane]

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

I tend to agree with and I don't care about her and for sure no one will care about of what she said.

I don't know what is the reason for the recent dropped in Bitcoin price but for sure this isn't about her the reason why it drops.  Maybe she was trying to become a famous woman trying to seek attention from anyone (I even dont know her).  One thing in my mind, this could have a hidden agenda from her that we don't know that someday we realized.

[bbc.reporter]

crypto is transformative technology?

This statement is a two edges sword! It could very well be translated into two different meanings. Is it a technology that will transform the financial space for good or for bad??

While we, the community members believe that cryptocurrency is a good technology that can disrupt the current banking based financial system. We have see some examples during Hong Kong crisis and we are seeing it now during Rus-Ukraine war. People are becoming less dependent on banks and more eager to control their own finances through cryptocurrency.

Then, there is government who believes cryptos can disrupt the current banking based financial system and take away the power from their hand to the end user. So they are seeing it as a threat.

So it all depends on which side you are! Janet Yellen is way too small when it comes to cryptospace and its scope. I don't think we need to give a lot of weight to her statement.

The skeptical me thinks that she is only trying to make the American government appear that it is not a threat to the cryptospace. This is very different from their stance 2 years ago. Maybe this is a new strategy to make everyone feel safe before they begin their real agenda which will certainly be more bans and more control hehe.

[mildmanneredsuffering]

Hey even Jamie Dimon lately told everyone, his investors I guess, that Bitcoin and blockchain are real stuff,,, not just made up fantasy internet money. Now this was very different from many years ago.

We have to remember that these rich guys became rich from being wise in investment. No need to trust them, but trust that if they want Bitcoin dead, they will do all they can to defeat it BUT when they realize it is futile eventually they will give in,,, just like Dimon.

Jamie Dimon is a known economic "hit man" terrorist who personally operated and profited from the American Collapse of 2008. He is an international banking criminal and of course fabulously rich from Americans loss and suffering

[Mr.sprin]

Even though this woman has said publicly that she doesn't like bitcoin, I think this woman has a goal of lowering the price of bitcoin or losing investors' confidence in bitcoin but that won't happen even if this woman rants about giving negative issues about bitcoin.

[leea-1334]

Hey even Jamie Dimon lately told everyone, his investors I guess, that Bitcoin and blockchain are real stuff,,, not just made up fantasy internet money. Now this was very different from many years ago.

We have to remember that these rich guys became rich from being wise in investment. No need to trust them, but trust that if they want Bitcoin dead, they will do all they can to defeat it BUT when they realize it is futile eventually they will give in,,, just like Dimon.

Jamie Dimon is a known economic "hit man" terrorist who personally operated and profited from the American Collapse of 2008. He is an international banking criminal and of course fabulously rich from Americans loss and suffering

Yes,,, but he is not at all the only hit man in this regard and not even the most famous. I am not sure what your point is here, we are talking about people who are against Bitcoin at first only to change their minds later. They usually are people from traditional finance.

Remember, not everyone who has worked against Bitcoin is necessarily a criminal or terrorist as you put it.

[jrrsparkles]

I smell that this is something to do with the CBDC, talked about the technology which means blockchain so the opinion is still same about bitcoin but government may introduce CBDC in near future so the work for manipulation started already, basically they are confusing the next generation so they just go with the government when it comes to money.

[DapanasFruit]

Janet Yellen is for regulating the whole cryptocurrency industry and all players have to toe the line...especially if the federal government can be able to pass laws for the same purpose. Because the government needs more funds to sustain its spending on many big projects, it has to have many sources of tax revenues and they are now looking at the cryptocurrency industry as a good addition to new sources of money. In the end, we are hoping that there can be a win-win formula that will help the industry grow into the future and not killing it while the government gets the money it is hoping to squeeze from the people and firms into the crypto space.

[BitcoinGirl.Club]

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

I tend to agree with and I don't care about her and for sure no one will care about of what she said.

I don't know what is the reason for the recent dropped in Bitcoin price but for sure this isn't about her the reason why it drops.  Maybe she was trying to become a famous woman trying to seek attention from anyone (I even dont know her).  One thing in my mind, this could have a hidden agenda from her that we don't know that someday we realized.

You quoted someone else instead of me. 😉

Very true. Bitcoin is very big now to be stopped by any powerful authority. Don't bother this old school woman. The decentralized concept is getting popular. People do not want anything, any service, data to be in a centralized server. They know the legal risk, what can the authority do. Blockchain technology created new opportunity, new ideas to access data, to store data, to use data without listening to a single party or being dependent on them. The internet is more diversify and more secure because of blockchain idea.

It's just matter of time to see the digital world is changing. Today's science fiction is tomorrows' reality.

[DU18]

The current weakening of the bitcoin price I think is closely related to her first speech at the American Treasury last week, I think this woman is truly a two-faced devil because she has previously stated that cryptocurrencies now play a major role in America financial decisions, but she is now this is subtly in his statement continuing to be skeptical of developments and the benefits that can be taken if applied to the financial system.

[Furious 7]

crypto is transformative technology?

This statement is a two edges sword! It could very well be translated into two different meanings. Is it a technology that will transform the financial space for good or for bad??

This might be true if you look in that direction but on the other hand when the talker is him I'm not too sure if he means a better direction for bitcoin
Maybe for now he is still quite vocal in saying that he is neutral about this but on the other hand I still quite believe and even really believe that he will still be anti-crypto and will remain like that

[coolcoinz]

The only time she uses that neutrality card is when her next sentence is about regulation. Those of you who think regulation is the only way I'd like to remind that we need acceptance, not regulation. The government always wants to treat things like their own, instead of allowing things to take their own course. Bitcoin was there when they ignored it, when they ridiculed it and it's going to be there when they work their asses off to regulate it.

I generally don't trust politicians, especially those who are known for dirty games, so I'm not too worried about what this woman thinks. Besides, didn't she do a good promotion of Bitcoin when that banner appeared behind her back? 

Maybe that's why she's fighting bitcoin so much. Still remembers being pranked by a bitcoiner.
They fired the poor guy as far as I remember.

[doomloop]

Even though this woman has said publicly that she doesn't like bitcoin, I think this woman has a goal of lowering the price of bitcoin or losing investors' confidence in bitcoin but that won't happen even if this woman rants about giving negative issues about bitcoin.

Yeah, that is what the haters goal but we don't know maybe she is not really a hater? But, she is like the others out there that have a hidden desire with bitcoin. They will say negative stuffs only to lower the price of bitcoin and then they will be the first to buy it when its price drop.

That trick works before when people have a less confidence with bitcoin but I think not anymore because people already see that bitcoin is a strong coin and people have figured out that there are people that spread lies or fuds only to damage the reputation of bitcoin. This woman can said whatever he wants with bitcoin but our decision will never be changed, sorry.

[BitcoinGirl.Club]

Besides, didn't she do a good promotion of Bitcoin when that banner appeared behind her back? 

She does! Let's consider her an ambassador for Bitcoin 😉

Any type of publicity ultimately helps bitcoin to spread out no matter it's good or bad publicity. Wise people hear about it and then they do their own due diligence. And when you spend time on bitcoin then you realize you were in dark before. They wanted to keep you in dark to pocket their benefit. The rest is done automatically. This become just a matter of time to get involve with bitcoin.

The current weakening of the bitcoin price I think is closely related to her first speech

The current weaken? Are you saying price of each piece is around $40k is weak? Besides you are saying bitcoin never had price fall and from the beginning it was like $65k and now it's $40K. You really need to watch before saying. Get your concept right. 1 Bitcoin = 1 Bitcoin.

[lornadane]

The current weakening of the bitcoin price I think is closely related to her first speech at the American Treasury last week, I think this woman is truly a two-faced devil because she has previously stated that cryptocurrencies now play a major role in America financial decisions, but she is now this is subtly in his statement continuing to be skeptical of developments and the benefits that can be taken if applied to the financial system.

Maybe he's changed because the bitcoin market is so hot right now that he's stuck alone with his negative thoughts so he's blind to see what's going on with bitcoin until now.

[Lubang Bawah]

There are many haters like him, even they are backed by strong funds, but this has never succeeded in stopping cryptocurrencies, sometimes investors come from negative news, including me who was interested from 2014 until now because initially heard that bitcoin is only used for illegal transactions, terrorist funds , avoid taxes and so on.

[Kakmakr]

We call her Janet (Butthurt) Yellen, because she is still butthurt over the whole "Bitcoin guy" incident. https://www.cnbc.com/2017/07/12/someone-held-up-a-buy-bitcoin-sign-during-yellens-testimony-to-congress.html

So, she will take her revenge on Bitcoin, when she gets the the opportunity to do it.    This was a big issue and a embarrassment for her ... so it is just natural for her to act against something like this. She is also part of the old school financial (Fiat) system, and those old farts will not easily be converted to support Crypto currencies. (Warren Buffett  and Charles Munger) 

[Lucius]

Maybe that's why she's fighting bitcoin so much. Still remembers being pranked by a bitcoiner.
They fired the poor guy as far as I remember.

I don't believe that she is such an evil and grumpy old granny who would take revenge on a personal level because of such things - because she is in the service of politics, and she only says what is the official position of the same politics. I'm not aware of what happened to that guy, although I was convinced that two people were responsible for that incident. Either way, dismissal is the least evil that could have happened to them given everything that is happening in that country.

She does! Let's consider her an ambassador for Bitcoin 😉

Any type of publicity ultimately helps bitcoin to spread out no matter it's good or bad publicity. Wise people hear about it and then they do their own due diligence. And when you spend time on bitcoin then you realize you were in dark before. They wanted to keep you in dark to pocket their benefit. The rest is done automatically. This become just a matter of time to get involve with bitcoin.

Why not, every opportunity should be taken, and when that evil woman realizes what Bitcoin really is, the force would become stronger in her and she would come out of the darkness

[TheNineClub]

Janet Yellen does not like bitcoin and the cryptospace, we certainly know this already. However, why has she presently changed her opinion and began telling everyone through her speeches that crypto is transformative technology? I am very skeptical of this. I speculate that there might be a magic trick in the end where something like every American user in the cryptospace cannot sell their coins for fiat might occur hehehe.

Speaking to attendees at an American University event, Yellen highlighted the extreme divergence of perceptions about crypto, saying that’s often the case with “transformative” technology.
“Some proponents speak as if the technology is so radically and beneficially transformative that the government should step back completely and let innovation take its course,” she said. “On the other hand, skeptics see limited, if any, value in this technology and associated products and advocate that the government take a much more restrictive approach.”

Read in full https://www.coindesk.com/policy/2022/04/07/treasury-secretary-janet-yellen-calls-crypto-transformative-in-wide-ranging-speech/

When I read this snippet you posted, I can't really disagree with much of it. On one hand proponents of the technology tend to praise it like it's the second coming overly emphasizing and sometimes over-exaggerating the importance of crypto. It's definitely a good idea and it's a good starting point, but it's far from perfect. On the other hand, I doubt that a fully restrictive approach by the government is the solution. A middle ground should be explored, and both sides will have to make compromises and meet somewhere in the middle.