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To everyone worried about crypto bans

Bitcoin Reddit

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Sure this is a legitimate area for concern but here’s why I’m confident it will never happen. The United States owns almost 1% of the bitcoin supply and I think it’s safe to say they aren’t selling it any time soon, so if they banned crypto they would just be crashing their own supply. Not to mention the US approved ETFs so there’s a major step in the opposite direction. China approving Hong Kong ETFs , mainland crypto is already illegal so we can only take foreward steps there. A bunch of other Asian countries can trade that ETF as well. Why would they be allowing this just to ban crypto? I see nothing but good news (with the exception of Russia) yet we are still declining don’t fall for the FUD

submitted by /u/johnjonesnewphone
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