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RE: Why Government Hates Crypto and Blockchain - Income Tax That's Why

in Ecencylast year

I think it's more than just taxes. Both political parties have a vested interest in protecting the U.S. dollar. That's why they're getting the SEC and other regulatory agencies involved. They want to protect the dollar, but they also want to protect the massive financial industry and its congruent industries.

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Wow you know what I barely thought about that as a reason.
You're definitely right.. that could be another major reason for this I suppose. Since crypto dominance would mean less dollar being used... Wow I get it so well