<ul><li>The Federal Reserve Bank of Minneapolis has proposed banning or taxing Bitcoin to maintain permanent budget deficits.</li><li>Bitcoin is categorized as a "private-sector security" without real resource claims, disrupting the government's ability to manage spending.</li><li>The Fed suggests that a legal prohibition or taxation on Bitcoin could help governments continue spending more than they collect.</li><li>Critics argue that the proposal is an attack on Bitcoin, while previous research recognized the characteristics of Bitcoin before its creation.</li></ul>

Minneapolis Fed Calls for Bitcoin Ban to Control Deficits

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