So Rachel Reeves & her advisors thinks the UK is being left behind in cryptocurrencies (that they seek to dignify as 'digital assets'), leading to a outline agreement to align regulatory oversight (or lack therefor) of cypto, with the intent of gaining better access to US financial markets' investment potential.
I said that Reeves had been drinking the Kool Aid but this is just madness.... acquiescing to US demands around Crypto is colluding with criminals & gamblers!
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Cryptocurrency is complete insanity!
A currency backed by - errrrr - absolutely fück all is insane That the generation of that currency uses vast amounts of electricity is utter complete insanity!
