While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” Jerome H. Powell, Chairman of the Federal Reserve Board of Governors (the Federal agency that oversees the privately owned Federal Reserve System of (central) Banks), in testimony to the house financial services committee condemns virtual currencies such as Bitcoin, “Cryptocurrencies are great if you’re trying to hide money or if you’re trying to launder money … it doesn’t really have any intrinsic value so I think there’re investor or consumer protection issues as well.”

       NOTE: Powell was in no position to criticize Bitcoin as not being any store of value: the Federal Reserve Note had lost 97.1% of its value since its delinking with gold (lawful Money) began in 1934, and 99.997% of its value against Bitcoin from its inception until the time he made this statement.

       [added 4/21/2023] Thanks to Freedom’s Phoenix for this entry.