UK pressing forward with Crypto planning based on flawed assumptions


Many will read this plan outlined by economic secretary to the Treasury has told MPs. https://www.bbc.com/news/technology-64224950 It is full of buzzwords and statements which require validation and which go against current facts. There is enough evidence associated with FTX, crypto.com, Genesis, Zilliqa, Dogecoin, SpaceBIT, PayCoin, GetGems, Squid Game, Bogged Finance, Ekta, OneCoin, Ethereum’s DAO, StableCoins are a particular use case with three varieties according to Wired. https://www.fastcompany.com/90751716/panics-and-death-spirals-a-history-of-failed-stablecoins There are three main types of stablecoins: fiat-backed (in which the token maintains equal reserves of the currency it’s pegged to); crypto-backed (in which the token is collateralized by cryptocurrencies); and algorithmic (in … Continue reading UK pressing forward with Crypto planning based on flawed assumptions