“I wish we had smothered this a decade ago before it grew into a $2 trillion monster,” said Jason Furman, a senior economist in the Obama administration. “Digital currencies are all cons and no pros — environment, crime, volatility, taking advantage of unaware investors. If they had any use at all, we could debate it. But they don’t have any use at all.”
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White House reviews ‘gaps’ in cryptocurrency rules as bitcoin swings wildly – The Washington Post
![White House reviews ‘gaps’ in cryptocurrency rules as bitcoin swings wildly – The Washington Post]()
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May 25, 2021
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