Why some governments are trying to scare people away from using cryptocurrencies

Enrique Dans
Enrique Dans
Published in
4 min readDec 18, 2023

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IMAGE: A white sticker with the words “In code we trust”

Recent moves by Washington, and specifically by SEC Director Gary Gensler, with respect to the development of cryptocurrencies suggest an attitude that seems to coincide with a classic FUD strategy of creating fear, uncertainty and doubt among users.

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Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)