by James Wesley Rawles, Survival Blog:

Today, in place of my regular column of Economics and Investing news items, I’m concentrating on the nascent crackdown on private cryptocurrency holders.

To start, please take a few minutes to read these two articles, and pay particular attention to their tone:

Binance.US suspends USD deposits after regulators crackdown.

and,

SEC’s Gensler Likens Crypto to ‘Fraudsters, Scam Artists, Ponzi Schemes’ of 1920s.