Video length 00:02:51
Bitcoin (BITCOMP, BCOIN) is rising like crazy and getting everyone's attention and now perhaps too much attention.
On Tuesday the Senate Armed Services hearing held a hearing and Senator Lindsey Graham asked the Director of National Intelligence to study Bitcoin to determine whether it is a national security threat.
The US government and the Federal Reserve want Americans to stay in US dollars and not electronic currencies like bitcoin.
They do not want money laundering and want everything tracked.
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