@akamran@indieweb.social
Bibliophile interested in open data, open source, governance, and a whole bunch of other stuff. And cats. (Academic-ish account at @akamran - this is for everything else.) Learning . (gif is Carmans River in Wertheim National Wildlife Refuge)
Born at 323.56 ppm.
Congress Just Injected Crypto Directly Into the Most Stable Part of the Economy
https://nymag.com/intelligencer/article/crypto-bill-stablecoins-treasuries-bitcoin-congress-tether-terra-circle.html?utm_source=flipboard&utm_medium=activitypub
Posted into Intelligencer @intelligencer-NYMag

Intelligencer
The Crypto Bill Could Lead to Another Financial CrisisThe stablecoin bill Congress just passed injects crypto into the part of the economy that needs to stay steady via Treasurys. A lot could go wrong.