YouTube Publication Date: Feb 2, 2022 | YouTube Channel: Digital Perspectives
WU Comment / Opinion: TI 3:26 FSB (Finacial Stability Board) document includes XRP & XLM as global stablecoins (GSC) and World Bank Document refers to XRP & XLM as stablecoins, XRP for cross-boarder settlement between international banks and XLM as providing low-cost cross-border payment financial services to en-users and the unbanked population.
YouTube Publication Date: Jan 27, 2022 | YouTube Channel: DigitalPerspectives
WU Comment / Opinion: TI 8:25 “… Ether was created makes it a clear security…” “…creation of Ethereal may have been a criminal insider con job where…” | TI 13:25 John Deaton: “We are witnessing the most blatant attack on disruptive innovation by a government agency acting as a protector of the incumbent banking system.” | TI 13:45 “New Act Could Let Treasury Secretly Ban Crypto Transactions. The America Competes Act intends to let the Treasury secretly ban any transaction it deems a money laundering concern.” | TI 13:55 U.S. Representative Tom Emmer: ” “@House Democrats introduced legislation that would give the Sec. of the Treasury dictatorial/level power to prohibit any transactions they deem concerning without due process. This leaves the American people powerless to hold @SecYellen accountable.” Jerry Brito @jerrybrito – 23h: “Included in the America COMPETES Act just introduced in the House, and which will very likely pass in some form, is a provision that would be disastrous not just for cryptocurrency but for privacy and due process generally.” | TI 14:49 Charles Hoskinson: “Cold war going on in, I’d say, in Washington D.C. against cryptocurencies by certain parties and they’ve been tremendously successful at sneaking in certain bureaucrats in high positions of power and passing pieces of legislation … New bill would hand Treasury blank check to ban crypto at exchanges. And not just crypto. Provision in the America COMPETES Act would allow Treasury to secretly prohibit any kind of transaction it deems a ‘concern’ without any public notice or input.”