Bitcoin… OK, i hate it, you love it. No problem. But… there may be hidden dangers that many people don't consider. What if the money people use to buy Bitcoin is actually funding enemies of the United States, like terrorists or hostile countries? What if N. Korea created Bitcoin? Extreme huh? Let's take a closer look at this possibility.
Bitcoin: A Threat to National Security?
“Bitcoin is a decentralized digital currency, which means it isn’t controlled by any single country or government.” FALSE. While this has been praised for giving people financial freedom, it also opens the door for misuse by those who may wish to harm the United States.
Consider this: What if Bitcoin was created by countries like North Korea, Russia, or China? These countries could be using Bitcoin to secretly fund their military operations, support terrorism, or destabilize the U.S. economy. Every time someone buys Bitcoin, they could unknowingly be contributing to these dangerous activities, funneling money into the hands of those who seek to harm the United States.
The Role of Bitcoin Whales
"Bitcoin whales" are individuals or groups that own large amounts of Bitcoin. These whales can have significant influence over the market because they own around 90% of Bitcoin in existence. If these whales are connected to hostile nations, they could be manipulating Bitcoin in ways that benefit their countries at the expense of the United States. This could involve using the funds from Bitcoin sales to finance weapons programs, cyberattacks, or other activities that threaten national security.
The "Made in USA" Crypto Family: XRP, XLM, and SHx
In contrast to Bitcoin, which may be linked to hostile nations, there’s a group of cryptocurrencies that are "made in the USA" and might offer a safer alternative. XRP, for instance, is a cryptocurrency that has undergone extensive scrutiny by U.S. regulators, including the SEC. This thorough examination suggests that XRP is designed with American interests in mind and is safer for future use.
XRP can be thought of as the "mother" in a family of American-made cryptocurrencies. XLM, another U.S.-based cryptocurrency, could be considered the "Husband," and SHx, the "children." This "payment family" is rooted in the United States, offering a secure option for those who want to ensure their investments align with U.S. interests.
Are you European? Maybe HBAR is for you.
Why This Matters
If the U.S. government were to officially announce that Bitcoin is tied to hostile nations, it could have serious implications. First of all Bitcoin’s price will hit the floor because everyone will sell. People who invest in Bitcoin might be unknowingly supporting activities that are harmful to the United States. The money spent on Bitcoin could be funding weapons, cyberattacks, or other threats to national security. In this scenario, holding Bitcoin could make you an unintentional enemy of the USA.
Read about Bitcoin’s Red Flags here 👇🏼
Do you like my articles? Support me to continue writing. Like tip and share are always appreciated. You can also use my referral codes for many crypto related platforms. Read about this here
signup to MEXC to buy low cap Crypto using my referral code : 1NuBb
🇬🇷Download(android&IOS) & Join Sl8 the crypto social platform built on the top of Stellar XLM blockchain and earn from your posts. Referral code: asXHIP