I can't decide if this administration is purposely trolling, or of the trolling is a byproduct. Either way, they seem to reliably trigger everyone on the left, and a few on the right, too.
The only people that should be overjoyed are current holders of bitcoin.
Which I don’t doubt includes (somehow) a lot of the people active in the administration.
Described in depth in „lying for money”
The logical part of me can not fathom why governments are getting into unregistered unlicensed securities. [1] I can understand some of us plebs getting sucked up into it from desperation but the federal government of all entities should know better given they made laws about it in the 1930's due to fraud. The conspiracy theorist in me has a gut feeling this might be a way to circumvent FDIC backing so when they induce a collapse everyone just loses everything.
[1] - https://www.youtube.com/watch?v=ZpqreZlmHGU [video][8 mins][cnn]