Bitcoin is digital gold. History if not repeats itself, it will rhyme. "Executive Order 6102" incoming!
The IRS revealed earlier this year that it has seized $3.5 billion in the fiscal year 2021. According to reports, the US government has seized 170,000% more cryptocurrency this year than it did in 2019. Jarod Koopman, director of the Internal Revenue Service's cybercrime unit
https://news.coincu.com/47346-us-seized-1700x-more-cryptocurrency/
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Executive Order 6102 is an executive order) signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding) of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.
The stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and worsening the depression as the US was then using the gold standard for its currency.
Presidential Proclamation 2039 that forbade the hoarding 'of gold or silver coin or bullion or currency', under penalty of $10,000 and/or up to five to ten years imprisonment.
Submitted January 14, 2022 at 06:23PM by InvestingPals https://ift.tt/3K9HeSa
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