Remember how in a previous post we summarized that for a nation, holding the US Dollar by the billions as your foreign reserve you are exposing your entire country to utmost vulnerability regarding sanctions whenever Washington decides you are not following their orders efficiently enough? Well, it appears the thugs representing that same Dollar are trying to pull the old switcheroo and are now "warning" nations regarding the dangers of Bitcoin and how "malign actors" could take advantage of their country.
I would hold a mirror in front of her face but am afraid it would just break. To clarify how stupefying ridiculous it is for a US official to even babble such a sentence:
But there is light at the end of the tunnel
I like this particular sentence from the link above: "While the dollar is likely to remain the currency of choice in the world banking system for some time". This may very well be true, but what good will that be once the entire ancient way of the "banking system" is almost entirely replaced by the Crypto system? The Dollar will be like the VHS that's forcefully placing itself next to DVD players because it once too used to be the main option, but much like our old square black tapes, in time the Dollar too will be nothing but a memory of a way we prefer to keep in the past rather than use on a daily basis ;)