According to Odaily, US Congressman Brad Sherman, a Democrat from California, has voiced his concerns about the long-term goals of cryptocurrency billionaires. He stated that their ultimate aim is to create a new form of currency, which they have aptly named 'cryptocurrency'. The term 'cryptocurrency' literally translates to 'hidden money'. If it becomes a recognized form of currency, it could potentially hinder the enforcement of tax laws indefinitely. Sherman's comments highlight the ongoing debate about the role and regulation of digital currencies in the global economy.
US Congressman Brad Sherman Expresses Concern Over Cryptocurrency
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