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U.S. Secret Service Launches Cryptocurrency Awareness Hub

secretservice.gov

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Re: U.S. Secret Service Launches Cryptocurrency Awareness Hub

#5

Post by mercy_dude »

Curious isnt the role of the secret service to protect the president and other elected officials/representatives? Why are they charged with launching crypto currency awareness? It almost feels like the executive branch is pushing for cryptocurrency crackdown through sketchy agencies.

Re: U.S. Secret Service Launches Cryptocurrency Awareness Hub

#6

Post by mjburgess »

mercy_dude wrote: post #5

Curious isnt the role of the secret service to protect the president and other elected officials/representatives? Why are they charged with launching crypto currency awareness? It almost feels like the executive branch is pushing for cryptocurrency crackdown through sketchy agencies.

Until 2003, the Secret Service was part of the Department of the Treasury, as the agency was founded in 1865 to combat the then-widespread counterfeiting of U.S. currency.

-- https://en.wikipedia.org/wiki/United_States_Secret_Service

Re: U.S. Secret Service Launches Cryptocurrency Awareness Hub

#7

Post by koenneker »

mercy_dude wrote: post #5

Curious isnt the role of the secret service to protect the president and other elected officials/representatives? Why are they charged with launching crypto currency awareness? It almost feels like the executive branch is pushing for cryptocurrency crackdown through sketchy agencies.

They were founded to investigate currency fraud and forgery and even were under the Treasury Department until 2003. I'm think that this fits in as a modern continuation of that role as there are some fraudulent activities going on in the crypto space.

Re: U.S. Secret Service Launches Cryptocurrency Awareness Hub

#9

Post by gzer0 »

DethNinja wrote: post #8

They should mention this in their website: Cryptocurrencies are harmful to the banking system and may weaken the state apparatus. Hence, citizens shouldn’t buy them.

And equally so, they should mention that scammers around the world took home a record $14 billion in cryptocurrency in 2021, thanks in large part to the rise of DeFi [1].

This is a public information campaign; the sole purpose is to provide public awareness information on digital asset security and how to ensure it remains secure.

[1] https://www.cnbc.com/2022/01/06/crypto-scammers-took-a-recor...

Re: U.S. Secret Service Launches Cryptocurrency Awareness Hub

#10

Post by toastal »

mjburgess wrote: post #6
mercy_dude wrote: post #5

Curious isnt the role of the secret service to protect the president and other elected officials/representatives? Why are they charged with launching crypto currency awareness? It almost feels like the executive branch is pushing for cryptocurrency crackdown through sketchy agencies.

Until 2003, the Secret Service was part of the Department of the Treasury, as the agency was founded in 1865 to combat the then-widespread counterfeiting of U.S. currency. -- https://en.wikipedia.org/wiki/United_States_Secret_Service

Will this mean we can treat cryptocurrencies like fiat currencies when tax season comes?
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