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Interesting that many people expect that crypto which was hailed as independent of any government now needs to be bailed out by the government. Why would banks
by NoPie 4y ago
Interesting that many people expect that crypto which was hailed as independent of any government now needs to be bailed out by the government.
Why would banks even care about crypto except for transaction fees they can collect?
- LewisVerstappen 4y agoLiterally no one is expecting Crypto to be bailed out by the US gov.
- dogma1138 4y agohttps://www.investmentweek.co.uk/news/4050676/bank-england-bailout-systemically-stablecoins-case-collapse https://www.investmentweek.co.uk/news/4050676/bank-england-b... It would be just a matter of time until other governments consider this too.
- DennisP 4y agoThat's just for stablecoins backed by off-chain assets.
- NoPie 4y agoWhile these expectations are probably false, some people do think that it should be bailed out by the government. I mean, stupidity has no bounds.