The MYTH about Bitcoin’s Role In Illicit Activity: DEBUNKED

Janet Yellen was just unanimously approved by The U.S. Senate Finance Committee for Treasury secretary. She’s taking over from Mnuchin, and is so far not off to a good start regarding cryptocurrency.

Earlier this week she said that cryptocurrencies are “a particular concern” when it comes to criminal activity and terrorist financing.

“I think many [cryptocurrencies] are used, at least in a transaction sense, mainly for illicit financing."

Forbes contributor Hailey Lennon noted in a recent article that Yellen is just plain incorrect. The money laundering tool of choice is still the good old US Treasury.

Including archival footage of me on the Stossel Show in 2014 talking about Bitcoin

Follow Hailey here:
https://twitter.com/HaileyLennonBTC

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Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.