Hjfrf
Joined 5 years ago
Joined 5 years ago
They've done a great deal of harm in that period, so I can't see even the current level of mild negative sentiment as sustainable.
E.g. based on last year's co2 vs rolling 5 years average, calculated by weather satellites rather than self-reported.
I've got no idea how gdp would be taken into account though. Enclaves and disputed borders are also less clear.
So if there's an exploit where GUSD can be stolen/duplicated, or if Gemini defaults the insurance is meaningless.
What it means is that if a bank where Gemini holds an account defaults, the government will pay Gemini up to $250k.
Environmentalism seems to be "cool af",to the point where not owning a car is virtue signalling.
A more meaningful move would be to ban exchanges, so that miners can no longer take exit liquidity at the expense on retail "investors".
It would push people to p2p, at the expense of cryptocurrency prices. Big win for the environment and people hoping to use crypto as currency. Big loss for people holding for speculative gains.
Microsoft did this to themselves by not having a standard package manager installed by default.
It's hard to imagine a more cynical industry.