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Why Uncle Sam Must Neuter Crypto to Save the Dollar

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Why Uncle Sam Must Neuter Crypto to Save the Dollar
A representation of the virtual cryptocurrency Ethereum is seen among representations of other cryptocurrencies in this picture illustration taken on June 14, 2021. Edgar Su/Illustration/Reuters
Lee Bellinger
Updated:
Commentary

U.S. financial authorities regard cryptocurrencies as a capital flight threat to the weakening greenback—unlike dollar-denominated stocks and bonds.

Lee Bellinger
Lee Bellinger
Author
Lee Bellinger is the editor and publisher of Off-Grid Confidential, a private financial advisory newsletter that leverages Bellinger’s years of experience as a Washington insider to provide unique insights into government, major industry, and other macroeconomic trends. To discover how to get his proprietary research in the paid newsletter service, go to Off-Grid Confidential.
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