From Pine View Farm

The Crypto Con 0

Via The Japan Times, Bloomberg’s Andy Mukherjee is less than sanguine about nations relying on crypto, as seems to be a trend. A snippet:

When money (that is, crypto–ed.) changes hands, it moves from one such self-custody wallet to another in about half of all transactions. Transfers are visible on the blockchain, but the identities of senders and receivers are not. This offers cash-like anonymity. “Stablecoins are now the predominant form of identified illicit activity,” (Harvard University economist Gita–ed.) Gopinath said.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

From Pine View Farm
Privacy Policy

This website does not track you.

It contains no private information. It does not drop persistent cookies, does not collect data other than incoming ip addresses and page views (the internet is a public place), and certainly does not collect and sell your information to others.

Some sites that I link to may try to track you, but that's between you and them, not you and me.

I do collect statistics, but I use a simple stand-alone Wordpress plugin, not third-party services such as Google Analitics over which I have no control.

Finally, this is website is a hobby. It's a hobby in which I am deeply invested, about which I care deeply, and which has enabled me to learn a lot about computers and computing, but it is still ultimately an avocation, not a vocation; it is certainly not a money-making enterprise (unless you click the "Donate" button--go ahead, you can be the first!).

I appreciate your visiting this site, and I desire not to violate your trust.