It is a well-known fact that US politicians don’t like bitcoin very much. Particularly the Federal Reserve governor still sees plenty of problems, primarily due it facilitating illicit activities. In a recent meeting, the bitcoin debate was reopened once again. The Fed Still Hates Bitcoin As regulators prepare to take a closer look at cryptocurrencies, such hostile comments aren’t entirely unexpected. Federal Reserve Governor Lael Brainard warned about the use of bitcoin in illicit activities. It is a well-known fact that cryptocurrencies are the most favored payment methods on the darknet and underground marketplaces. Brainard explains how over a quarter
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