Bitcoin

David

when

Gary

View

<div class="flex flex-grow flex-col max-w-full"> 
 <div class="min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto" dir="auto" data-message-author-role="assistant" data-message-id="4944b224-849f-4cf8-8a10-0a871f89e962"> 
  <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"> 
   <div class="markdown prose w-full break-words dark:prose-invert light"> 
    <h4><strong>Bailey says Harris called <a href="https://www.altcoinbuzz.io/?s=bitcoin" target="_blank" rel="noopener">Bitcoin</a> “money for criminals” when she declined the conference invitation.</strong></h4> 
   </div> 
  </div> 
 </div> 
</div> 
<div class="mt-1 flex gap-3 empty:hidden -ml-2"> 
 <div class="items-center justify-start rounded-xl p-1 flex"> 
  <div class="flex items-center">
   This has sparked significant discussion and debate within the cryptocurrency community. Let’s discover more about Kamala Harris.
  </div> 
 </div> 
</div> 
<div> 
 <div class="group/conversation-turn relative flex w-full min-w-0 flex-col agent-turn"> 
  <div class="flex-col gap-1 md:gap-3"> 
   <div class="flex flex-grow flex-col max-w-full"> 
    <div class="min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto" dir="auto" data-message-author-role="assistant" data-message-id="0a71abde-7eb2-4c77-869b-e137dd22ffdf"> 
     <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"> 
      <div class="markdown prose w-full break-words dark:prose-invert light"> 
       <h5><strong>Harris Criticizes Bitcoin as ‘Money for Criminals’</strong></h5> 
      </div> 
     </div> 
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The <a href="https://b.tc/conference/" target="_blank" rel="noopener">Bitcoin Conference</a> is a key event for discussing the future of digital currencies and blockchain technology. Bailey’s disclosure of Harris’s remark has gained attention due to her role in U.S. economic and regulatory policy.</p> 
<div class="flex-shrink-0 flex flex-col relative items-end"> 
 <div> 
  <div class="pt-0"> 
   <div class="gizmo-bot-avatar flex h-8 w-8 items-center justify-center overflow-hidden rounded-full"> 
    <div class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8">
     Critics of Bitcoin and other digital currencies often label them as tools for illegal activities. They cite anonymity and decentralization as factors that could facilitate criminal transactions. This perspective has been a significant hurdle for mainstream acceptance and regulation of cryptocurrencies.
    </div> 
   </div> 
  </div> 
 </div> 
</div>  
<div>
 <img decoding="async" class="wp-image-146537 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcbgggfg-300x122.png" alt="" width="566" height="230" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcbgggfg-300x122.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcbgggfg.png 390w" sizes="(max-width: 566px) 100vw, 566px">
</div> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/DavidFBailey/status/1816133408956743888" target="_blank" rel="noopener">X</a></strong></h6> 
<p>David Bailey’s revelation comes at a time when Bitcoin and other cryptocurrencies are gaining increasing legitimacy and acceptance. Many advocates argue that Bitcoin’s use cases extend far beyond illicit activities, including serving as a store of value, a medium of exchange, and a hedge against inflation.</p> 
<h5><strong>More on Kamala Harris’s View of Bitcoin</strong></h5> 
<p>Kamala Harris’s view of Bitcoin, labeling it as “money for criminals,” reflects the broader narrative of the current U.S. government towards cryptocurrencies. This stance is mirrored by figures like <a href="https://www.altcoinbuzz.io/?s=Gary+Gensler" target="_blank" rel="noopener">Gary Gensler</a> and <a href="https://www.altcoinbuzz.io/?s=Elizabeth+Warren" target="_blank" rel="noopener">Senator Elizabeth Warren</a>, who have actively sought to obstruct the crypto industry through stringent regulations and oversight.</p> 
<p>Their actions often contradict the administration’s public stance of embracing innovation, revealing a disconnect between official rhetoric and regulatory practices. This inconsistency suggests a pattern where the government publicly supports technological advancement while simultaneously imposing barriers that hinder the growth and adoption of cryptocurrencies.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
<div class="youtube-embed" data-video_id="zvi-i-CHSrU">
 <iframe title="Is This Altcoin About to Explode Like Solana? RNDR in trouble?" width="696" height="392" src="https://www.youtube.com/embed/zvi-i-CHSrU?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div> 
<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/kamala-harris-bitcoin-is-money-for-criminals/">Kamala Harris: Bitcoin Is ‘Money for Criminals’</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Kamala Harris: Bitcoin Is ‘Money for Criminals’

Altcoin Buzz

Other articles published on Jul 25, 2024

Hashdex files S1 with the U.S. SEC for a multi-crypto ETF

Bitcoin and XRP Resilient Amid Tech Stock Rout; Ether Slides After ETF Launch

Dogecoin Now Has 6.69 Million Holders: How It Compares To Shiba Inu, XRP

Plena Finance June Recap

Mt. Gox still has 90,000 Bitcoin, valued at roughly $6 billion

Senator Lummis to Introduce Bill Making Bitcoin a U.S. Reserve Asset

Join our free newsletter for daily crypto updates!