Congressman: Bitcoin Must Be Banned Because It Threatens To ‘Take Power’ From The U.S. Federal Reserve

Billy Bambrough in Forbes –

Bitcoin has long been called a threat to the existing financial system and the central banks that run it—though these claims have in the past been largely fringe ideas.

Now, U.S. Democrat Congressman Brad Sherman has urged his colleagues to consider banning bitcoin and cryptocurrencies due to the threat they pose to U.S. international financial power, saying bitcoin needs to be “[nipped] in the bud.”

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About Radnor Reports

Ken Feltman is past-president of the International Association of Political Consultants and the American League of Lobbyists. He is retired chairman of Radnor Inc., an international political consulting and government relations firm in Washington, D.C. Know as a coalition builder, he has participated in election campaigns and legislative efforts in the United States and several other countries.
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