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Author Topic: Do not trust this devil woman, she wants Bitcoin dead  (Read 415 times)
kryptqnick
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April 13, 2022, 11:59:25 AM
 #41

On the video, she's talking about CBDC and its potential impact, and that Biden's order is to investigate the potential impact. And she does say that US citizens benefit from the dollar due to the part it plays in the global economy. Then on the longer one about the lessons she is talking about technologies and the importance of financial regulations, importance of accounting for risks. So, honestly, from her words, I don't even see anything pro-crypto. She's very wary of "digital assets" and emphasizes "responsible innovation". So it doesn't strike me as a change of position, not really.

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April 13, 2022, 03:31:43 PM
 #42

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.
The only way that we can give them access to penetrating into the cryptocurrency community is through centralised exchanges. If the cryptocurrency community is going to remain truly decentralized then we would have to maintain that by stopping the use of centralised exchanges (which is not possible) because most people have chosen to be making use of centralised exchanges due to how convenient it can be for them.

And the government are now leveraging on that weakness that the community has to penetrate and start regulating the market. We have seen the new rules that they have set out and it will soon start. If we would have all maintained decentralization it would have been really good.

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April 14, 2022, 10:07:43 AM
 #43

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 Smiley
Well said. God bless her restless soul 😉

On the video, she's talking about CBDC and its potential impact, and that Biden's order is to investigate the potential impact. And she does say that US citizens benefit from the dollar due to the part it plays in the global economy. Then on the longer one about the lessons she is talking about technologies and the importance of financial regulations, importance of accounting for risks. So, honestly, from her words, I don't even see anything pro-crypto. She's very wary of "digital assets" and emphasizes "responsible innovation". So it doesn't strike me as a change of position, not really.
Who cares what her position is. It's better if we stop talking about it and give less importance in it. The more we will talk the better her administration will feel. Bitcoin survived and is going to survive. I wonder what will happen to dollar when China will take over the world 🤣

I do not think true bitcoiners have any confidence in USD. Not only USD but in any fiat currency.

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