New UK PM Rishi Sunak is a fan of crypto!

Sadly, those within the industry are doing the work for them, if that’s the end game. Ego and greed.

Excuse my edit of the quote -

I quote Peter Hitchens

"The Conservative Party is nothing but an organisation for the progression of the sons of gentlemen…"

1 Like

Within 48 hours of what may possibly be the largest CryptoCrash so far (FTX)… The U.S. banking community announced the launch of a proof of concept (PoC) project that will “explore the feasibility of an interoperable digital money platform known as the regulated liability network (RLN).”

Using distributed ledger technology, the proposed platform would “create innovation opportunities to improve financial settlements and would include participation from central banks, commercial banks of various sizes and regulated non-banks.”

According to the group, the platform will use distributed ledger technology, better known as a blockchain, to create opportunities to improve financial settlements. It would also draw participation from central banks, commercial banks, and “regulated non-banks,” including BNY Mellon, Citi, PNC Bank, Swift, TD Bank, Trust, and U.S. Bank.

This will probably coincide with FedNow, which begins July, 2023.

FTX was nothing but a bit of theatre and so obvious what it was paving the way for. I didn’t guess that the CBDC would be rushed out so soon after. However, Sunak has been going on about this and the US always lags the UK.

The whole spectacle/plan is just so obvious at this point that it’s tiresome. Given up - there never will be enough people willing to stand up against the oncoming “Great Reset.”

Social Media permeated society like Marijuana, Social Credit will be the Fentanyl…The naive and gullible can’t get enough coercion and will leap at the opportunity to be converted into modern day Serfs…

Very demoralizing.

1 Like
1 Like

Hiya,

Kindly why it’s not allowed to purchase XMR in the USA and UK please?

Tnx and best of luck
Campione_angel

It’s available on Kraken, which you can access from the US.

1 Like

They’ve been talking about this for some months. They released a paper in Nov/Dec about the threat of stable coins, and then penned an open letter to the public discussing pros/cons of a CBDC.

He is a fan of many other things too. And if this is the case there’s a chance that he may do developments in the crypto sector.