Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: Goodcat49 on July 14, 2018, 01:01:10 PM

Title: U.S President Invested in Cryptocurrencies, That's the Reason He Isn't Banning T
Post by: Goodcat49 on July 14, 2018, 01:01:10 PM
Far back in October last year, a large number of anti-bitcoin strong statements were made by the Donald Trump Administration, that alluded the U.S. President could go forward to put a ban on cryptocurrencies such as Bitcoin, Ethereum before his term of office ends. As per now almost completing 2018 and still have no official word from the President concerning cryptocurrency, we should begin to question why there is no ban has been set.

Make Crypto Industry Great Again
In October 2017, the Donald Trump Administration said:

"The FBI's very concerned about [the dark web]. They did take down, I think, the two biggest,  dark websites. This last one, Alphabay, we took down recently. They had 240,000 sites where individuals we selling, for the most part, illegal substances or guns on that site, including Fentanyl. And, they use bitcoins and other untraceable financial capabilities, and it is a big problem."

Furthermore:

"The [bitcoin situation] is something that is being monitored by our team - Homeland security is involved.  I know it's something that Trump's keeping an eye on. And we'll keep you posted when we have anything further on it."

One of the questions is, if Donald is keeping an eye open on cryptocurrencies, with very many recent major hacks and a lot of cybercrime cases hitting the news headlines, why hasn't he taken a step to impose a ban on cryptocurrencies?

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/us-president-invested-in-cryptocurrencies-that-reason-he-is-not-banning-them/

(https://coinidol.com/upload/resize_cache/iblock/6d3/900_900_1/6d3c789aa548cb54ef37995b59c9cb25.png)