Bitcoin Backstabbed by Biden

It was only a matter of time before the excuse of war with Russia would result in Bitcoin Being Backstabbed by Biden.

By that I mean the entire crypto currency market is being undermined by Stinky Joe’s recent executive order to regulate cryptos.

His reasoning?

Russia/Putin can use cryptos to circumvent sanctions.

On the surface the executive order sounds great.

And it fulfills all the nicey-nice necessary requirements of “Patriotism” to lure the sheeple into agreeing with it.

But…and this is a Very Big Butt…

Not only is O’Biden authorizing the regulation of digital currencies, but he is also instructing to move forward with a central bank cryptocurrency.

Huh?

Translation: Once that’s done, all other cryptocurrencies will be seized and folded into the government’s own version of crypto.

And There will be no competition.

Ironically (or NOT) the news sent the price of Bitcoin soaring back up to over $42,000.

But it’s still down from its November 2021 high of over $65,000.

And immediately following the announcement, former FED chairman and current Secretary of Treasury, Janet Yellen – aka Mrs. Doubtfire – had this to say:

“President Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy.  This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses.  It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broader economy…

…Yadda, yadda, yadda

Translation:

Once you fools give us control of digital currencies, we will undermine your use of them.

  This will help us avoid responsibility for the collapse in the supply chain – thanks to COVID. 

 And also allow us to shut down fossil fuels to help our nefarious Climate Change agenda for Klaus Schwab’s Great Reset crew.

So, under the guise of national security – and aversion of key illicit financing risks associated with digital assets – Yellen/Doubtfire is paving the way for O’Biden to take control of digital currencies.

It’s been their plan all along.

Think I’m kidding?

Read: Why Bitcoin Investors Get Screwed in 2022 (HERE).

So, instead of ignoring this (and eventually end up saying “How did this happen?”) learn how to profit from the coming default of major currencies in our March Newsletter (HERE).

And share this with a friend…especially if they think they’re safe in Bitcoin.

They’ll thank YOU later.

We’re Not Just About Finance.

https://www.financialsmatter.com/?s=follow+the+money

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