US Treasury Secretary Mnuchin talks Bitcoin: what he REALLY means

U.S. Treasury Secretary Steven Mnuchin held a press conference today where he spoke about the dangers of cryptocurrency and why he's not comfortable with Facebook launching its own currency, the Libra.

Because politicians can sometimes be difficult to understand, I have gone to the trouble of translating what he actually meant for everyone.

Major takeaway: Bitcoin and Libra are both threatening to the govt, and it is the Treasury Secretary's job to protect the USD at all costs.

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