Technology

Bitcoin (BTC) and crypto: “There is an urgent need to regulate all this”, an MEP is creating controversy!

It all started with a tweet from Raphael Bloch, L’Express banking and financial journalist, highlighting the evolution of the Bitcoin market since 2016. Aurore Lalucq MEP only added fuel to make the fire grow.

Recent events

The French and international press gave some lines to cryptocurrencies 24 hours before the writing of this article.

In fact, the media in turn reported on the new milestone reached by Bitcoin (BTC) and others in the global financial ecosystem. Most of them titled the $ 3 trillion threshold crossing for cryptocurrencies or the record $ 68,000 achieved by BTC.

Accustomed to financial analysis, Raphaël Bloch devoted himself to comparing the evolution of the cryptocurrency market from November 2016 to November 2021.

An approach that had not gone unnoticed since a deputy elected at the European level, and no less than a member of the “Economic Commission” and “Coordinator of the Tax Commission”, took the keyboard to add some comments before continuing. .

A shower of reactions

For him

Through the comments, his sympathetic followers denounced the danger posed by this astronomical sum of cryptocurrencies.

If some deplore the absence of environmental awareness in favor of the “great digital casino”, others point to the “undemocratic” side of cryptocurrencies.

Cons

The keyword “regulation” mentioned by the deputy also aroused the interest of Raphael Bloch. To the point that the latter asked him for details on the ways to regulate the sector.

The comments stemmed from some virulent criticism about the lack of mastery of the issue by the MEP and the people who joined her side.

We still have to protect consumers from taxes before talking about their protection against an additional source of income criticizing another follower.

In any case, the pro-cryptos were not intimidated by the MP. It’s a shame that an elected official as young as Aurore Lalucq wants to perpetuate the famous refrain “We hit first, we’ll talk later,” says EnterTheCryptoMatrix.

A new reaction from the deputy

To let people know that she will not give in to these naysayers, Dame Lalucq has chosen to capture some nasty comments about her to redo another tweet highlighting a possible “intimidation attempt” against her.

All of this proves once again that France, through some of these elected officials, has yet to realize the challenges of cryptocurrencies in its financial universe. If you regrettably associate “repression” with “regulation”, millions of hopes will be dashed.

Mikaia Andriamahazoarimanana

The blockchain and cryptocurrency revolution is on! And the day the shocks are felt in the most vulnerable economy in this world, against all hope, I will say that I was there for something.

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