{"id":680248,"date":"2025-07-17T00:11:14","date_gmt":"2025-07-16T21:11:14","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/there-is-no-legitimate-use-case-for-crypto-us-representative-stephen-lynch\/"},"modified":"2025-07-17T00:11:14","modified_gmt":"2025-07-16T21:11:14","slug":"there-is-no-legitimate-use-case-for-crypto-us-representative-stephen-lynch","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/there-is-no-legitimate-use-case-for-crypto-us-representative-stephen-lynch\/","title":{"rendered":"\u2018There is no legitimate use case for crypto\u2019 \u2014 US Representative Stephen Lynch"},"content":{"rendered":"

\n \n <\/p>\n

Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC).<\/p>\n

US Democratic lawmakers characterized crypto as an outright \u201cscam\u201d in a Wednesday press conference, pushing for the development and rollout of a central bank digital currency (CBDC).<\/p>\n

Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill that would prohibit the creation of a government-controlled digital dollar, the \u201canti-innovation act.\u201d\u00a0The anti-CBDC bill and the GENIUS stablecoin bill \u201cendanger our national security,\u201d Waters said. <\/p>\n

Representative Stephen Lynch, who also attended press event<\/a>, said crypto had no legitimate use case:<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC). US Democratic lawmakers characterized crypto as an outright \u201cscam\u201d in a Wednesday press conference, pushing for the development and rollout of a central bank digital currency (CBDC). Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-680248","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/680248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=680248"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/680248\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=680248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=680248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=680248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}