Bitcoin conspiracy theorists have long suspected the U.S. government, among others, would like to shut down bitcoin. Now, it's been revealed federal prosecutor-turned bitcoin and cryptocurrency expert Katie Haun was asked to look into "shutting down" bitcoin by her boss at the U.S. attorney’s office in 2012. Governments around the world have struggled with how to regulate and license bitcoin, with some trying to ban it or shut it down. Earlier this year, U.S. president Trump sent shockwaves throughout the bitcoin and cryptocurrency industry when he tweeted a vicious attack on Facebook's bitcoin rival plans, branding it and bitcoin "unregulated crypto assets." "What we heard with libra were the same criticisms [I'd first heard about bitcoin]" Haun said.

Source: Forbes October 09, 2019 00:00 UTC