Bitcoin has a BIG RISK

[dan_s]

New presidential administrations bring drastic policy changes, especially in a partisan era such as ours, and cryptocurrency may be an early victim of those changes. Janet Yellen, the newly confirmed Treasury Secretary and former head of the Federal Reserve, hinted during her confirmation hearing that addressing Bitcoin is on the Biden administration’s agenda. It makes sense that the government is not happy about cryptocurrencies, and it is well within the government’s power to deal Bitcoin and cryptocurrencies a devastating blow.

Anyone invested in Bitcoin or its competitors should understand the risks.