
Episode #138 - Caitlin Long and Plumbing the Depths of the Eurodollar
Gold Goats 'n Guns Podcast
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Cryptocurrency and the Fed's 86 Page Order
The Fed said in the footnotes of the 86 page order they were opening the question whether a bank that is that basically can pay can pay any transaction fees to unknown validators Okay so essentially could a bank be running an Ethereum node and paying gas to an unknown validator this is where it's so interesting because the Clinton administration with the Berman amendment got it right. And we saw the January 3rd statement anti crypto statement from the three federal banking agencies, the FTSC the OCC and the Fed,. They talked about the heightened risks of using open public and or decentralized networks. Yeah, well that's just sloppy drafting by lawyers, they should have said open public and/or decentralized blockchain
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