Durit Gate Project Common questions about the effect and effect of encryption

As the encryption industry in the knight for collective adoption and emergence in the second Trump administration, the note of the common questions expresses: the role of encryption in facilitating illegal activity; The wrong industry promised financial inclusion; The terrible environmental effects of coding mining; Ignoring the continuous encryption supporters of the rule of law; And the schedule of industry work to buy influence and power in Washington.

How did the cryptocurrency facilitate illegal activity?

Current currencies are often used for illegal financial activity, including Fraud operationsand scamand Drug tracking Run attacks. In 2023, he lost 5.6 billion dollars directly due to encrypted fraud, which represents nearly half of the financial fraud losses it recorded Federal Bureau of Investigation That year. The role of Crypto in the ransom is important because Bitcoin It is to go to blackmail payments in electronic attacks. Decisive general infrastructure, such as Local schools and Hospital systemsIt became frequent victims of ransom attacks. In response, schools and hospitals devote parts larger than their budgets towards the expensive cybersecurity defense systems offered minimum The return on investment.

Does the cryptocurrency really provide financial inclusion?

no. Despite Crypto’s allegations that they are more comprehensive than traditional financing, it fails to address Real needs One of the societies that have been overlooked financially. Instead, encryption companies publish many of the same predatory tactics that were seen in traditional financing, such as shipping Unnamed and unveiled fees often.

This does not mean anything about Crypto “Bonzenom“Executive officials in the reality industry Sam Bankman Al -Muqali (SBF) recognized publicly. Trading from the insideand Trading washingAnd other forms of Market manipulation Support a Mainly Asset category and lure the weak investors in the Con. When markets are disrupted, as they often do, actually exhibition Cleated societies ultimately claim empowerment Holder.

What are the environmental effects of the encrypted currency?

Exaggeration of encryption, and the process of verifying transactions within certain Blockchain networks, thick energy. in 2023US encryption mining consumes between 0.6 % and 2.3 % of the total electricity in the country – the equivalent to operate the entire countries like Utah and Texas. These high -energy requirements are linked to Captive electrical networksmore Carbon emissionsThe environmental deterioration of the mining industry is to rely on Fossil fuel Large water and land Use.

What is the political agenda of the encryption industry?

To ensure continuous returns and exit runway to the early by integrating itself into traditional financial markets. By doing this, encryption platforms can provide “very large that fails” from federal organizers from collapsing an encrypted currency, which leads to broader financial destruction.

How much money does the coded currency industry spend on political influence?

Hundreds of millions of dollars. In 2024, SuperPac Fairshake Arise More than 227 million dollars and spent more than 172 million dollars; Huge increase from 93 million dollars FTX and SBF spent in 2022 and Almost half Of all industrial spending on the 2024 election session. This spending helped the encryption industry in securing Coordined organizational decisions Strong political Allies In Congress and Executive branchEspecially during the Trump era.

Do the coded currency companies deny the law?

Most of the time, yes And do this with knowledge. However, the actual time to accept the encryption companies did not prevent the victim’s play and move to the courts to circumvent the financial regulations, especially the existing securities law. However, the approach of non -compliance with the compatibility side was not all successful. The Supreme Education Council also Win 95 of 116 encryption claims since 2019. When examining the agency’s performance against more than 260 CheckPers and promoters in these cases, SEC is proud of the rate of victory More than 95 percent.

Unfortunately, the current SEC has decided by Republicans to oppose the path, dropping Agency issue against coinbase and Stopping Cases against ripples and Binance. It is definitely related to that Expenditures on the elections The industry may be isolated from legal accountability from breaking the law.