Even while facing the wrath of the US government, regulators, and mainstream press, Bitcoin and crypto continue to hold strongly.
Mainstream press down on crypto
Hardly a day goes by when yet another article appears in the mainstream press heralding such and such a misdemeanour in the crypto sector. Whether it be that Bitcoin uses more energy than this or that country, or another crypto exchange is sent a notice informing it of impending litigation from the SEC.
Everything appears designed to malign the crypto industry and make it seem that it is all a den of thieves and brigands. Perhaps the strategy is that while the public is fed such ideas by the mainstream press, this can help to take the focus off of what is happening in the banking industry.
Banking sector dead in the water
It would seem a decent strategy considering the widespread decay to be found in the banking sector. Many banks are underwater after buying long term bonds when the interest rate was at zero percent. Now the U
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