Cryptocurrency: EO6102 - Crypto Banned like Gold and Cash

grarpamp grarpamp at gmail.com
Mon Apr 5 23:02:28 PDT 2021


https://mises.org/power-market/88-years-ago-fdr-banned-gold-will-bitcoin-ban-be-next

https://mises.org/library/great-gold-robbery-1933
https://mises.org/library/how-fdr-made-depression-worse
https://en.wikisource.org/wiki/Gold_Repeal_Joint_Resolution
https://mises.org/library/why-government-hates-cash-0
https://fortune.com/2018/06/12/bank-of-america-gun-sales/
https://nypost.com/2021/02/06/bank-of-america-under-fire-for-helping-feds-in-capitol-riot-probe/
https://markets.businessinsider.com/currencies/news/janet-yellen-bitcoin-misuse-cryptocurrencies-growing-problem-tesla-2021-2-1030071724
https://www.crowdfundinsider.com/2021/01/171386-ecb-president-christine-lagarde-wants-global-regulation-of-bitcoin-due-to-money-laundering-concerns-fatf-plans-update-on-implementation-of-vasp-rules/
https://mises.org/wire/marvin-goodfriend-worst-fed-nominee-all-time
https://www.imf.org/external/pubs/ft/fandd/2018/06/central-bank-monetary-policy-and-cryptocurrencies/he.htm
https://mises.org/wire/next-generation-currency-wars-private-vs-state-backed-crypto
https://www.coindesk.com/crypto-is-banned-in-morocco-but-bitcoin-purchases-are-soaring
https://www.bloomberg.com/news/articles/2021-01-12/russia-s-583-billion-reserves-now-hold-more-gold-than-dollars

Today is the 88th anniversary of Executive Order 6102, signed by
President Franklin Delano Roosevelt, "forbidding the hoarding of gold
coin, gold bullion, and gold certificates within the continental
United States."
It would be a crime for Americans to hold gold for over forty years
when President Gerald Ford reversed the order in 1974.
This episode has several lessons for the current financial
environment, particularly given the acceleration of tyranny-by-expert
rule that has taken over much of the worst this past year.
The same playbook is being increasingly used to target Bitcoin and
other cryptocurrencies that are beyond the reach of the state.


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