Good time to remember Carney suggested that the UK and US convert their reserves to crypto.
Edit: misremembered this, he suggested that a global crypto reserve be established to mitigate US dollar hegemony. Sources below.
So glad we have this genius banker in charge to fix our economy!
Where, when, and in what context was that said? I can’t find anything on it.
At an Economic Policy Symposium at Jackson Hole, US in 2019. Although, it looks like I misremembered this a bit, he suggested that a global crypto reserve should be adopted to curb US dollar hegemony. Which makes this even funnier considering the past year.
Ten second search:
https://www.theglobaltreasurer.com/2019/08/29/mark-carney-proposes-a-digital-reserve-currency/?amp=1
There’s also a bunch of crypto blogs that covered the speech, but they don’t really add anything.
Yeah. I’m hoping I’m wrong on my predictions here.
Politicians gonna lie and steal. Literally their MO for hundreds of years.
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Quick little nit pick, Zuckerberg and Facebook didn’t exist during the dot com bubble. Google, Microsoft yes, almost all others, no.
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