China and the US are getting out the big guns to fight the rise of Crypto currencies which threatens the central banking industry. In china, miners have been forced to shut down bitcoin mining servers in an effort to weaken it. In the US a new bill is was introduced on the floor of the US Senate entitled, pleasantly,
“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”
Steemit users will also be hit hard with this new bill if it came to pass. What should our community do to save crypto currencies?
Sources:
http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin
https://news.bitcoin.com/bitcoin-mines-in-chinese-province-sichuan-allegedly-forced-to-shut-down/
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