"Our high level philosophy is that, in a democratic society, the people and their elected officials should decide what behavior is allowed and not allowed by setting laws. We think it sets a dangerous precedent when tech companies, such as Coinbase, or their executives start making judgment calls on difficult societal issues, acting as judge and jury. This approach sounds simple in theory, but in practice it is anything but." (Coinbase CEO Brian Armstrong) ... "That is, in betting on a digital monetary future, the financial authorities of the world’s second-most populous nation are joining those of other nations to hasten the arrival of a multi-currency international monetary system – whether they want that outcome or not. In that world, cryptocurrencies will inevitably occupy a key place." (CoinDesk Chief Content Officer Michael Casey) ... "It’s a massive theft by any sane standard – if it had been an old-fashioned bank robbery, it would have been the second largest of all time. But in crypto, it’s only the fourth-largest hack in a single brief decade. Some argue these recurring hacks are part of a learning process on the way to better security, though at this point it’s starting to feel more like an inevitable risk, just the cost of doing crypto business." (CoinDesk columnist David Z. Morris) ... "But overall the job market is strong, particularly in the face of omicron. It's hard to find a weak spot in this report." (Charles Schwab Chief Fixed Income Strategist Kathy Jones to CNBC).
February 07, 2022 at 07:01AM
https://www.coindesk.com/markets/2022/02/07/first-mover-asia-bitcoin-sees-little-movement-after-light-weekend-trading/
First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading - CoinDesk
https://news.google.com/search?q=little&hl=en-US&gl=US&ceid=US:en
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