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0 sats \ 0 replies \ @perscrutador 9h \ on: Britain Missed the First Crypto Wave (Financial Times, George Osborne) econ
It sounds comical, but it's terrible that they think consumers are so stupid as to put their trust in Coinbase, which looks more like Evil Corp to me. What's worse, they're right to think so, because the normies will run to the safety of their recommendation, the stablecoins that are nothing more than garbage backed by more garbage. Not even the subprime mountain stank as much as the ETFs and stablecoins backed by fiat currencies and bitcoin controlled by corporate insiders.
I don't know if they've ever done this, but it would be interesting to know how corporations work to maintain the appearance of control over something as individual as bitcoin.