Unlimited Hangout with Whitney Webb cover image

The Bitcoin Dollar & Crypto-Colonialism with Mark Goodwin

Unlimited Hangout with Whitney Webb

CHAPTER

The Problem With Stable Coins

The justification for regulating bitcoin in the sense of taking away financial privacy is to stop money laundering and all of the stuff. Jamie Diamond or JP Morgan saying anything about the criminality of bitcoin is ridiculous when like they got caught with millions of dollars of cocaine on their own boat, a shipping container. The reason why they're called stable coins is because as opposed to Bitcoin which is very volatile and can lose 80 percent of its value in a year but over long time frames it's fastest growing asset ever.

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