Crypto is a threat to the establishment and fiat currencies.
I wonder when and if they will pass an act outlawing, crippling it or “regulating” bitcoin/crypto like that was passed for gold in 1934:
https://en.wikipedia.org/wiki/Gold_Reserve_Act
Hillary Clinton talks about how crypto is a threat to currencies and especially to the dollar as a reserve currency (minute 29:30):
https://www.bloomberg.com/news/videos/2021-11-19/great-power...