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Monday, June 24, 2019


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From my perspective, what's interesting to note is Rosedale's attempt to get into the mainstream crypto market with HFC. The lesson to be learned here applies to Linden dollars, High Fidelity Coin, and Libra: Don't piss off the US federal government. L$ got slapped down by FinCEN. HFC is dancing with them as well, I'm sure. Facebook has always unofficially considered themselves outside of any governmental control. So they're about to dance with not just FinCEN, but however many global monetary regulators their white paper pissed off.

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