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Hillary Clinton: Crypto Can Destabilize Nations


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So this means they’re amazing and we should adopt them immediately?

If something isn’t in favor with crooked Hillary, it sure as hell is in favor with me. Are we seriously to go on the advice of the architect of Benghazi? The woman who increasingly appears to be the prime Russian collaborator in our country?

You can rest assured that crypto assets are great for nations and individuals alike if Hillary Rodham Clinton is railing against them, and just as a disclaimer: I am invested into the crypto market via XRP, ADA, and ETH.

She cites the competition with our U.S. Dollar for global reserve currency status, and she isn’t wrong in pointing this out—just recently Russia hinted at swapping out its U.S. Dollar reserves for digital assets in the future.

However, what she neglects to cite is the fact that the ailing U.S. Dollar has lost over 94% of its value since 1954, and a printer happy fed continues to debase the currency by flooding the market with freshly minted Dollars every month.

Crypto isn’t about this nation or that nation, it’s about wrestling control away from The Federal Reserve Bank and corrupt governments all over the world.

Which is exactly why Hillary Clinton opposes it.

Here’s more on her recent comments:

Crypto Potato reports:

In a recent panel discussion at the Bloomberg New Economy Forum in Singapore, she opined that today’s world faces new challenges: disinformation, artificial intelligence, and cryptocurrencies.

According to her, digital assets had grabbed the public’s attention due to their “interesting and somewhat exotic” nature. However, they present a threat to the US dollar. Clinton went even further, claiming that their adoption can destabilize whole nations.

 

Blockworks presents some of her comments:

“I hope nation states are going to start paying more attention to, is the rise of cryptocurrency, because what looks like a very interesting and somewhat exotic effort to literally mine new coins, in order to trade with them, has the potential for undermining currencies, for undermining the role of the dollar as the reserve currency, for destabilizing nations — perhaps starting with small ones, but going much larger. So when we think about this new environment in which we find ourselves…we can’t just think about nation states.”

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