Bitcoin Hurts Govt ‘Control’ Of Dollar, Senator Lets Slip in Speech

US senator Brad Sherman called cryptocurrencies “harmful” in a government meeting March 14, appearing to accidentally admit they reduce government control of the dollar. Sherman: Crypto Is A &#8216;Crock&#8217; Speaking during a hearing of the Subcommittee on Capital Markets, Securities, and Investment (Committee on Financial Services), titled “Examining the Cryptocurrencies and ICO Markets,” Sherman decried the alleged lack of “social benefit” attached to Bitcoin investment. “Cryptocurrencies are a crock. What social benefits to they provide?”<br />Read More<br />The post Bitcoin Hurts Govt &#8216;Control&#8217; Of Dollar, Senator Lets Slip in Speech appeared first on Bitcoinist.com.

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