RATE Group | Why Bitcoin Investors Are Taking the U.S. Treasury’s Crypto Quip in Stride
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Why Bitcoin Investors Are Taking the U.S. Treasury’s Crypto Quip in Stride

16 Jul Why Bitcoin Investors Are Taking the U.S. Treasury’s Crypto Quip in Stride

Posted at 11:45h in Bitcoin News by

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Just five years ago, Bitcoin (BTC) being mentioned by some of the biggest names in finance and politics was a quixotic dream. Now, this dream is coming to a reality.

Ever since the cryptocurrency market rebounded in late-2018, investors, politicians, and technologists have begun to realize that Bitcoin is not going to die. And thus, they’ve sprung out of the woodwork to issue comments on the matter.

Related Reading: A City in Canada to Accept Crypto Assets for Tax After Council Approval, Bolstering Adoption

Just a week after one of the world’s most powerful individuals, U.S. President Donald Trump, dropped the “Bitcoin” bomb, Steven Mnuchin did too.

As reported by NewsBTC previously, the American Treasury Secretary was fairly bearish on cryptocurrencies, mentioning their ability to be used by criminals for illicit activities, like money laundering, the sale of illicit drugs, and hacking.

With this in mind, Mnuchin dubbed cryptocurrencies, like Bitcoin, a “national security…

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