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.@PeterSchiff is spot on.
You can wrap $BTC in as much legislation as you want, but it won’t change the fact that it has NO FUNDAMENTAL VALUE.

19.7. klo 03.08
The main purpose of the "landmark" crypto bills is to cloak Bitcoin—nothing more than a decentralized Ponzi scheme—in the trappings of legitimacy. The industry is using them to hype Bitcoin and other cryptos so insiders can cash out at higher prices. It’s a legislative low point.
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