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It's hard to imagine a more cynical industry.
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.
https://www.red-gate.com/simple-talk/blogs/statistics-sql-si...
What it's missing is a reason for websites to comply, which is what a law could enforce.
Their financial incentives aren't aligned with customers.
That's the real killer feature.
Here's the previous day's block reward and current price. https://bitinfocharts.com/bitcoin/
The other thing about mining is the their costs are in hard currency, so there's not much opportunity to "hodl".
Those mined coins need to be sold once the electricity bill is due, so to maintain a stable price bitcoin needs an ongoing net dollar investment proportionate to the current price (taking halvings into account).
The race between web C#/python and local javascript could make becoming a "full stack" dev easier at least.
So on a standard two-stick controller layout your left stick is strafe and your right is aim.
I expect more people have played halo than flown planes.
It's not too absurd.
It's what excel uses for power query's "column from examples" too.
Interest rate swaps, credit, loans, fixed income, exotic derivatives, CDO, whatever.
You have to hedge the interest rate risk somewhere or get stuck with huge collateral requirements/XVA.
Cryptocurrencies don't solve the problem since they're largely traded on opaque exchanges and other l2 solutions even less trustworthy than the libor cartel.
Prior to that it was absolutely the case that multiple sender addresses caused multiple fees.
Not sure about other cryptocurrency.
E.g. Consider a similar legal exclusion to only people called Nguyen or Mohammed or Singh.