What if Congress Bans Bitcoin?
Donald Trump’s tweet on Bitcoin raised a stir on crypto twitter. Days after the tweet Facebook started hearings with US Senate on Libra and the Congress theoretically went after Bitcoin and cryptocurrencies. Some members of the U.S. congress have already drafted a “Keep Big Tech Out of Finance” bill, which is intended to prevent the creation of Facebook’s new cryptocurrency. The news that there may be a complete ban on Bitcoin is on top of the table and under speculation in the media. Meanwhile economist and trader Alex Kruger mentioned that the United States Constitution protects Bitcoin code as it…