Quote from: lixer on Today at 08:45:53 AM

Quote from: posi on January 26, 2021, 12:15:26 AM

Quote from: Pixyoxx on January 25, 2021, 06:10:29 PM

I don’t think with Biden would do any good to the crypto market but he would actually try to apply new financial sanctions to control the growth of bitcoins so that people wouldn’t avoid taxes.

You maybe right but the institution we be aware of President Biden stance on Bitcoin before us and if the institutions switch to Bitcoin it a possibility that Biden administration will be friendly with crypto. However, his Treasury Secretary (Janet Yellen) stance is what I believe it a big issue cause she make a statement that Bitcoin is used "mainly for illicit financing."

What Janey Yallen was trying to say is that there needs to be a lot more surveillance in the crypto world and not let it be so much anonymous, otherwise not in a financial situation that would impact on us. Meaning, you could buy and sell crypto all you want, you could profit from it as much as you can and by all means make the most profit from other nations and bring their money to USA, Janet would be very happy about it, but let them know while doing that, tell them how much you bought and sold and whatever and in the end you would be capable of living your life like the old days as long as you let them know.

First she talking about taking a huge step in centralizing cryptocurrency which is certainly impossible for the crypto community to agree to her offer and I dont know why she want crypto to be more surveillance when company like chain analysis claim to be useful in digging out transactions.
With that been said, the news I read said some different to what you explain, can provide the link to the article where Janet said everything you explained.

Quote from: lixer on Today at 08:45:53 AM

The thing they are against is the privacy part of bitcoin and since we are not dealing with XMR here, bitcoin is not THAT private neither, people can trace addresses and transactions and figure out where you took your money, so it is not really that interesting request neither.

Straight from the shoulder, they only want Bitcoin to be centralized so they can have power over cause we both know Bitcoin is not a privacy coin.