US Treasury Secretary: Bitcoin is a national security threat
Jul 16, 2019
Bitcoin has been met by a lot of negative comments from those in power recently. Both US President Donald Trump and the US Federal Reserve Chair have expressed a negative opinion on the cryptocurrency.
The US treasury secretary agrees with Trump
Now another heavyweight on the political scene has spoken. This time, it is US Treasury Secretary Steven Mnuchin who has bad things to say about bitcoin.
“Cryptocurrencies such as Bitcoin have been exploited to support billions of dollars of illicit activity, like cybercrime, tax evasion, extortion, randomware, illicit drugs, human trafficking. This is indeed a national security issue”, he says at a press conference according to Cointelegraph.