Hillary Clinton has called cryptocurrency dangerous for countries
The former US Secretary of State believes that digital assets can destabilize the dollar's potential
21.11.2021 - 07:35
101
1 min
0
What’s new? Former Democratic presidential candidate and former US Secretary of State Hillary Clinton has criticized cryptocurrencies, adding that they have the potential to weaken entire countries. This is reported by the Bloomberg news agency.
Information on the Bloomberg website
What is Clinton warning against? During a panel discussion at the Bloomberg New Economy Forum, she stated that governments around the world are facing a range of new challenges regarding digital assets.
“One more area that I hope nation-states start paying greater attention to is the rise of cryptocurrency. [...] because what looks like a very interesting effort to literally mine new coins has the potential for undermining currencies, for undermining the role of the dollar as the reserve currency, for destabilizing nations, perhaps starting with small ones but going much larger,” said the former Secretary of State.
Who opposed the opinion of the former Secretary of State? Cryptocurrency community member Matt Odell said that Clinton is trying to shift responsibility for the dollar's weak position to a relatively new industry.
“It's like blaming lifeboats for the Titanic sinking rather than the ship designers or crew,” he said.
Book author Preston Pysch holds a similar view. He believes that the current situation is to be blamed on the monetary regulators and Congress, which have been pursuing ineffective policies for a long time.
Useful material?
Telegram 
Twitter Market
It costs more than $2000 an hour for a company specialist, while at least 100 employees are involved in the proceedings on the collapse of the exchange
Jan 27, 2023
Market
The entrepreneur agrees to eat a Happy Meal live if the restaurant adds DOGE as a means of payment
Jan 27, 2023
Market
Cryptocurrency expert Dylan LeClair also noted that the average rate of most coins has been showing positive dynamics over the last 30 days
Jan 27, 2023
Market
At the DAO vote, the initiative received the support of about 99% of the participants
Jan 27, 2023
Market
The index rose to 55 for the first time since March 30, 2022
Jan 27, 2023
Market
The cost of the accounts ranges from $50 to $300, depending on the availability of verification
Jan 27, 2023
Cryptocurrency rates
-
Bitcoin
$22 909
BTC
-1.19%
-
Ethereum
$1 573.49
ETH
-1.11%
-
Ripple
$0.4
XRP
-0.43%
-
Cardano
$0.37
ADA
-0.7%
-
Dogecoin
$0.09
DOGE
+8.03%
-
Polkadot
$6.23
DOT
-0.76%
-
Litecoin
$94.27
LTC
+2.72%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$174.59
XMR
-5.03%
-
Bitcoin-cash
$133.25
BCH
+0.73%