HomeBitcoin NewsOpinion: The Biden Classified Docs Mess Is Another Example of His Crypto...

Opinion: The Biden Classified Docs Mess Is Another Example of His Crypto Hypocrisy


Related stories

Bitcoin and Altcoins Drop Massively in Value Despite Upward Expectations

Despite news this week of inflation rates lower than...

Whales Snag $1.38 Billion Worth of BTC In One Day

June 11 saw Bitcoin Whales purchase over $1.30 billion...

BTC ETFs See $226.2 Million Outflows on Thursday

BTC ETFs saw $226.2 million in net outflows in...

Biden has just provided crypto traders with another searing example of his hypocrisy. The example comes in the form of the dozens of classified documents that have been discovered in his house and personal properties.

Biden Shows Just How Two-Faced He Is Towards Crypto Traders

Every week, it seems like the Department of Justice (DOJ) or lawyers working with Biden discover new documents at his Delaware residence or in other properties. Some of them date back to his days as vice president. That means that these documents are, at the minimum, six years old, and have been out of the proper hands all this time.

How interesting that Biden has had access to all these classified papers. Apparently he should be privy to privacy and secrets while crypto traders – who have long been penalized and victimized by his ongoing anti-American agenda – should have all their activity uncovered and monitored by government agencies.

This mentality has been infecting the Biden administration since he took office. Things got off to a bad start when America’s criminal-in-chief chose to sign a new infrastructure bill into a law. The word “infrastructure” would imply that the country was using funds to potentially rebuild roads, schools, and hospitals, yet the bill was simply a way to oust crypto traders and squeeze them dry every tax season beginning in the year 2024.

In addition, Biden – along with many of his nation-hating cronies – are now calling for the full regulation of the crypto space by the federal government. The idea is that after the FTX debacle, crypto cannot be trusted and all investors must be protected. Thus, it’s time for the government to step in and take a stand.

There are many problems with this scenario, a big one being that crypto is not meant to be regulated in the same way as the standard financial industry. Should the government step in the way it has with banks and traditional trading outlets, things could get very ugly, and many traders could lose the autonomy and independence they’ve gotten so accustomed to.

I Can Stay Hidden, but Everything You Do MUST Be Publicized

In addition, Biden has accepted money from Sam Bankman-Fried, the man who used to run the FTX exchange. In fact, SBF served as Biden’s second largest donor to his 2020 campaign. Are we expected to believe that Biden had such a close tie to SBF and didn’t see what was going on with the now defunct exchange? Of course not. This is all likely a trick to wipe out crypto for good and give the federal government even more power.

In what is clearly another example of the now prominent democrat motto “Rules for thee, but not for me,” Biden seems to believe crypto players deserve no privacy while his own business should remain fully quiet and discreet.

Nick Marinoff
Nick Marinoffhttps://www.livebitcoinnews.com/
Nick Marinoff is currently a lead news writer and editor for Money & Tech, a San Francisco-based broadcasting station that reports on all things digital currency-related. He has also written for a number of other online and print publications including Black Impact Magazine, EKT Interactive, Seal Beach USA and Benzinga.com, to name a few. He has recently published his first e-book "Take a 'Loan' Off Your Shoulders: 14 Simple Tricks for Graduating Debt Free" now available on Amazon. He is excited about the potential digital currency offers, particularly its ability to finance unbanked populations and bring nations together financially.


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories