Monday, November 29, 2021

"Regulate Crypto To Stop Chinese And Russian Manipulations – Hillary Clinton"

Is Madame Secretary of State angling for President again? She seems to be popping up in the news and other venues more frequently of late.

From EconIntersect:

The former Secretary of State Hillary Clinton has reiterated her statement that crypto markets need more and stronger regulations to protect the US against technological manipulations by China, Russia, and other nations. Clinton warned that if left unregulated, crypto markets and social media platforms may destabilize America and the US dollar, toppling it from the current position it holds as the reserve currency.

Her comments on crypto were part of a bigger segment in a November 24 interview with MSNBC TV news host Rachel Maddow. They were talking about the manipulation that takes place on social media platforms by various nations.

Clinton’s warning even extended to ‘technology of all kinds’ that she said states and non-state entities may use to destabilize nations and the dollar as the reserve currency of the entire world. She stated:

“There’s one other thing that’s on the horizon, which people are only beginning to pay attention to, and that’s the need to regulate the cryptocurrency market. Imagine the combination of social media, the amassing of even larger sums of money through the control of certain cryptocurrency chains.”

“We’re looking at not only states such as China, Russia, or others manipulating technology of all kinds to their advantage. We’re looking at non-state actors, either in concert with states or on their own destabilizing countries, destabilizing the dollar as the reserve currency.”

Crypto Can Destabilize Countries

A specific focus she had was on how the social media platforms that have been used mainly to influence elections using disinformation. These could be integrated with the crypto markets in a manner to help state and non-state actors destabilize other nations....

....MUCH MORE

 Also at EconInteresct:

The Crypto-Trading Hamster, Mr Goxx, Dies

Seriously, about the presidency thing, there is talk that Vice-President Harris gets bought off to depart the stage for personal reasons while Mme Secretary is nominated for the V.P. slot, only to be elevated to President due to the rapidly increasing deterioration of President Biden. The First Lady, Dr. Jill also being bought off to agree to the above. You could probably accomplish it for under $100 million, leaving only two questions: 1) Does Michelle Obama throw her hat in the ring in 2024 and 2) Does Hillary get to keep the gown from Queens University, Belfast, or is that a loaner?

 https://i.dailymail.co.uk/1s/2021/09/24/15/48341681-10025109-The_former_US_secretary_of_state_who_is_the_first_woman_appointe-a-29_1632493746975.jpg

Daily Mail

Okay, three questions. 3) Will the young lady holding the hem of the gown off the ground become a permanent member of the retinue, perhaps replacing Huma? 

We should have answers to questions 2 and 3 within six months and to #1 within a couple years.