Quote from: Leh-Meh on June 19, 2019, 07:36:48 PM

Bitcoin Threatens To 'Take Power' From The U.S. Federal Reserve

Bitcoin has long been called a threat to the existing financial system and the central banks that run itthough these claims have in the past been largely fringe ideas.The bitcoin price, now hovering around $8,000 per bitcoin, double what it began the year at, is often closely tied to public awareness of cryptocurrencies and the latest bitcoin bull run beginning in early April re-started the public debate on bitcoin.

Now, U.S. Democrat Congressman Brad Sherman has urged his colleagues to consider banning bitcoin and cryptocurrencies due to the threat they pose to U.S. international financial power, saying bitcoin needs to be "[nipped] in the bud."

https://www.forbes.com/sites

bitcoin is now unable to be controlled for its own rise and according to him the value of bitcoin is a lot of people who speculate about the price of bitcoin which makes bitcoin a big threat to some of the country's finances is not good for developed countries today only and if it's not under control it will become a very terrible reality, I believe bitcoin will be taken over by the US maybe in a short time