Crypto for the Average: US Fed et al. are concerned about crypto vs. the dollar

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Short and sweet:

There are still a lot of naysayers out there, however; when you see or hear about Fed members, banksters, etc trying to create their own cryptocurrency the reason is quite clear. See the post below/link below.

Yes, in one way it's more good news, but in other ways it's bad news. It will be interesting to see how those in office, etc, try to spin the current direction of cryptos into a direction where they have more control. Cryptos are definitely here to stay, but in the near future (1-3 years) the fate of many existing 'monetary cryptos' may be under much more pressure such as seen in the link---argument about cryptos being too volatile.

Maybe I'm being paranoid, but I smell something fishy going on.

https://www.investing.com/news/cryptocurrency-news/us-cryptocurrency-project-gets-133-million-investment-from-big-investors-1401189

Crypto for the Average: US Fed et al. are concerned about crypto vs... | Ecency