Post
Topic
Board Bitcoin Discussion
Re: Is the US Government Trying To Control Crypto?
by
CryptoBry
on 10/09/2019, 05:45:39 UTC
Binance just announced that their US platform would be ready in weeks. The question is, what's on the mind of the American government concerning crypto. Isn't it possible they're trying to control it like the USD? https://www.cryptoinfowatch.com/binance-us-ready-for-launch-in-weeks/

Generally speaking, all governments are concerned on Bitcoin and cryptocurrency and that is why many passed legislation or laws on the trade, use and things surrounding this new "beast" so this is not just specific to the USA. Just look at China and how it was able to almost fully control Bitcoin because the government is thinking of using the many possible benefits of cryptocurrency for its own ambition. The government has all the power to make things burdensome or easier for any industry and at this point in time many people in the governments still are wary of the effects cryptocurrency can have on the global economic system so some of their actions can be hurting this industry.