Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
savetherainforest
on 06/04/2022, 10:04:18 UTC
Quote
One of the more attention-grabbing parts of his announcement is this: The Royal Mint, the organization responsible for issuing new coins in the U.K., is going to release its own non-fungible token this summer.


https://coinmarketcap.com/alexandria/article/u-k-to-make-stablecoins-a-recognized-payment-method-relax-crypto-rules-and-release-nft


"... didn't go down well with the voters." .. How would they f^cking know?? They just released the information, did they poll all 60 million or how many millions that country has?? NO! ... f^cking shills from media will always be shilling.

They will never be for crypto and always against it. Most privately owned media companies should be included in a 'junk' category where people know they have always a fake news and manipulating ulterior agenda that they always push for their hidden overlords that finance their 'influential' manipulation services.  Roll Eyes   Cool   Roll Eyes

Are you just trolling?

They know "it didn't go down well with voters" because of the almost universal negative reaction it got across commentators and social media.  Even those who are supportive of cryptocurrency in general can see the absurd inconsistencies and lack of coherence in the announcement:

1. support for stablecoins (interpretation: almost certainly paving the way towards a Central Bank Digital Currency and the controls this would potentially entail)
2. Royal Mint issuing an NFT (interpretation: err, you what? the Royal Mint, an 1100 year old institution that is rather good at producing coins, bullion and Peter Rabbit special editions, but has a rather limited track record when it comes to digital innovation)
3. "stablecoins" and an "NFT" (interpretation: someone trying to get on a bandwagon that they don't understand and clearly hasn't a clue about how NFTs work and that no stablecoin could support one)

Although there was some good stuff about the regulatory approach and (mostly) the direction of travel it was overwhelmed by the idiocy of the NFT element.

Until I will see "Black Lives of USDT & BUDS DO NOT MATTER!" protests in front of the British parliament, that article is just a fake news puff piece. People are as much against money as they are against God.  Roll Eyes  Roll Eyes