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CRYPTO CORRECTION

On March 9th, Biden signed executive order for the government to examine risks and benefits go cryptocurrencies. Now, federal agencies are going to come together and see how to deal with regulating and watching over crypto. The government says they are doing this to protect crypto investors, mainly by having the Treasury develop policy recommendations. Sounds like when they say cops are here to protect us but why do we feel so scared when we see cops then, they just want the money. But we all know the dark side of crypto, where the criminals are hiding, laundering money, making it more simpler to make transactions under the table. After every company and their mom stop messing with Russia, Bitcoin gave no f$cks and took the road less traveled. Bitcoin loves that shady sh%t. Biden said he's had it with that and is going to cut that sh+t. They are focusing on rooting out all illegal activity in the crypto world now since Biden believes it could be a risk to national security. Biden went on to complain about how he wants crypto to be more responsible and green by reducing any negative climate impacts. Crypto Bulls are probably not worried about much after this news since you need a lot of balls to be in this volatile market to begin with. It was just last year that China's strict a$$ government said the h3ll with it were banning all of crypto, Charlie Munger loves China for taking much needed action. This makes Biden's news look like pu$$y $hi+. Bitcoin and the rest of the currencies have popped their bubble and retreated like expected, especially since it had a similar pattern when it was hyped up in 2018. Bitcoin fell all the way to 32946.22 January 24th, 2022 from it's high of 69047.81 on November 10th of 2021 . What happened to Bitcoin to 100k by the end of 2021 😬, maybe next year, no honestly, crypto has some real potential and is already in use by reputable businesses and almost every reputable investor has a portion of crypto in their portfolio.



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