>In the first place, the very raison d'être of crypto assets (virtual currencies) circulating outside the control of monetary authorities was to serve as a safeguard in case central banks—charged with managing the money supply through cash and bank deposits—make a critical error.
>[Comment 4]
>Therefore, bringing crypto assets under the control of monetary authorities—such as listing them or making them eligible for central bank open market operations—is what actually destroys the raison d'être of crypto assets (virtual currencies), constituting a true conflict of interest and an act contrary to public order and morals.
>[Comment 5]
>For the President of the United States, holding only cash, securities, and bank deposits that are subjected to the control of monetary authorities would actually be a violation of duty. For a U.S. President—who is in a position to correct grave errors in the Federal Reserve's monetary policy—that is a conflict of interest that must absolutely be avoided.
>[Comment 3]
>In the first place, the very raison d'être of crypto assets (virtual currencies) circulating outside the control of monetary authorities was to serve as a safeguard in case central banks—charged with managing the money supply through cash and bank deposits—make a critical error.
>[Comment 4]
>Therefore, bringing crypto assets under the control of monetary authorities—such as listing them or making them eligible for central bank open market operations—is what actually destroys the raison d'être of crypto assets (virtual currencies), constituting a true conflict of interest and an act contrary to public order and morals.
>[Comment 5]
>For the President of the United States, holding only cash, securities, and bank deposits that are subjected to the control of monetary authorities would actually be a violation of duty. For a U.S. President—who is in a position to correct grave errors in the Federal Reserve's monetary policy—that is a conflict of interest that must absolutely be avoided.
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