, Binance and Coinbase. The Congressman, who is well-known for his anti-crypto stance, took issue with the idea that cryptocurrencies could benefit the economy or consumers, stating that their primary use was to evade the U.S. government and sanctions.
The question to ask the congressman is, aside from the various attacks and sanctions of cryptocurrency services providers e.g. legal battles with exchange and other cryptocurrencies gateways that are located in their jurisdictions, what else can their directly to end cryptocurrencies like bitcoin?
The answer is not far from the truth, which is nothing the US government can do to end cryptocurrencies unless for those that are centralized and other their control, and the highest the US government can do is to block access to cryptocurrencies through the exchange closures and the rest of other cryptocurrencies easy access.
This may limit the rate of scalability of the cryptocurrency market and also affect the value of most coins, but in the long run, cryptocurrency will survive and keep thriving.
They're just stressed about changes in things they don't know anything about. But there are already those who are pro-crypto