US Treasury denies it is trying to torpedo Bitcoin

“Bitcoin itself is nearly impossible to regulate. And the government at least seems to understand this point. But that doesn’t mean they can’t spread fear, uncertainty, and doubt.  In this short 4-page speech, the Director twice made a connection between Bitcoin and (you guessed it) terrorism. Twice more connected Bitcoin to those who would exploit children. And four times linked digital currency to ‘criminals’ in general. And, even though they cannot control Bitcoin, FinCEN is obviously laying the foundation to regulate every business that touches Bitcoin, from exchange houses to swap websites to digital wallet providers.”

http://www.sovereignman.com/trends/us-treasury-denies-it-is-trying-to-torpedo-bitcoin-12056/

The Freedom Watch Staff

News before it is news for the resistance from a trusted correspondent. The Freedom Watch Network