Tucker Carlson had a story last night about Bitcoin.
The guest was in the Bitcoin business, the discussion was about how Bitcoin would benefit from the situation in Ukraine.
One of the questions Tucker asked was if the Federal Reserve created their own digital currency, what would happen to Bitcoin.
The guest stated that Bitcoin was entrenched now that it would be very hard if not impossible to eliminate it.
Tucker said, at one time gold was entrenched as a currency and it was outlawed from private ownership at one time.
Bottomline, Bitcoin can be outlawed if/when the Federal Reserve deems it a threat to it’s standing.
Well we won’t have to report every transaction over $600 since the IRS will surely have electronic access to every bitcoin transaction around the world.
“Zoltan: “..and Bitcoin (if it still exists then) “
Come on Zoltan, you are smart enough to know it won’t exist then.