{"id":16815,"date":"2020-07-17T21:24:32","date_gmt":"2020-07-17T21:24:32","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=16815"},"modified":"2020-10-02T09:36:25","modified_gmt":"2020-10-02T09:36:25","slug":"news-blockchain-handouts-wirecard-uk-whatsapp-pay-brazil-10-billion-tethers","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2020\/07\/17\/news-blockchain-handouts-wirecard-uk-whatsapp-pay-brazil-10-billion-tethers\/","title":{"rendered":"News: Blockchain handouts, Wirecard UK, WhatsApp Pay Brazil, 10 billion tethers"},"content":{"rendered":"<ul>\n<li>Below: book words in progress, ably assisted by past asset bubble veteran Inch.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2020\/07\/17\/news-blockchain-handouts-wirecard-uk-whatsapp-pay-brazil-10-billion-tethers\/inch-helping-with-the-book\/\" rel=\"attachment wp-att-16816\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-16816\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2020\/07\/inch-helping-with-the-book.jpg\" alt=\"\" width=\"600\" height=\"450\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2020\/07\/inch-helping-with-the-book.jpg 1024w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2020\/07\/inch-helping-with-the-book-300x225.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2020\/07\/inch-helping-with-the-book-768x576.jpg 768w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3>Corona-chan rides a pale horse, but on the blockchain<\/h3>\n<p>It&#8217;s right there in the white paper \u2014 cryptocurrency is about government handouts! Which is why 75 &#8220;blockchain&#8221; companies received over $18 million in Paycheck Protection Program payments from the US government. [<a href=\"https:\/\/www.coindesk.com\/consensys-polychain-tron-ciphertrace-blockchain-startups-got-18m-in-us-ppp-bailout-loans\"><i>CoinDesk<\/i><\/a>]<\/p>\n<p>After all, it was good enough for the Ayn Rand Institute, who wrote a detailed explanation of how it was good as long as it was <i>them<\/i> doing it. [<a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-ppp-ayn-rand-idUSKBN248026\"><i>Reuters<\/i><\/a>;<i> <\/i><a href=\"https:\/\/newideal.aynrand.org\/to-take-or-not-to-take\/\"><i>Ayn Rand Institute<\/i><\/a>] Anarchocapitalists talk a lot, but the government teat is pretty much always the ultimate desired customer for capitalism in the real world.<\/p>\n<p>The class action against Jacob Kostecki for the <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2020\/01\/29\/news-jacob-kostecki-and-massive-adoption-quadriga-vodafone-hangs-up-on-libra\/\">Massive Adoption crypto conference scam<\/a> continues \u2014 but Kostecki has asked for a 60 day delay to allow a full response, due to COVID-19. [<a href=\"https:\/\/twitter.com\/dcsilver\/status\/1280559618561847296\"><i>Twitter<\/i><\/a>]<\/p>\n<p>The trial in <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2020\/05\/31\/news-not-craig-wrights-bitcoins-how-tether-flows-goldman-sachs-spurns-bitcoin-calibra-is-now-novi\/\">Kleiman v. Wright<\/a> has been delayed until 13 October 2020, because of Administrative Order 2020-41, which delays <i>all<\/i> Florida jury trials, also due to COVID-19. [<a href=\"https:\/\/web.flsd.uscourts.gov\/uploads\/adminOrders\/2020\/2020-41.pdf\"><i>PDF<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.courtlistener.com\/recap\/gov.uscourts.flsd.521536\/gov.uscourts.flsd.521536.605.0.pdf\"><i>PDF<\/i><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">My prediction for what the top 10 crypto&#39;s will be in 2021:<\/p>\n<p>1. My bags<br \/>2. My bags<br \/>3. My bags<br \/>4. My bags<br \/>5. My bags<br \/>6. My bags<br \/>7. My bags<br \/>8. My bags<br \/>9. My bags<br \/>10. My bags<\/p>\n<p>&mdash; Anthony Sassano | sassal.eth \u26fd \ud83c\udff4 (@sassal0x) <a href=\"https:\/\/twitter.com\/sassal0x\/status\/1282544504508084224?ref_src=twsrc%5Etfw\">July 13, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h3>More fallout from Wirecard UK<\/h3>\n<p>In the UK, the Financial Conduct Authority has produced new guidance for payment and e-money firms on safeguarding customers&#8217; money. The word &#8220;Wirecard&#8221; doesn&#8217;t appear \u2014 but this is completely about Wirecard. [<a href=\"https:\/\/www.fca.org.uk\/publication\/finalised-guidance\/coronavirus-safeguarding-customers-funds-additional-guidance-payment-e-money-firms.pdf\"><i>FCA<\/i><\/a><i>, PDF<\/i>]<\/p>\n<p>New Money Review has a nice history of how Wirecard UK ended up backing so many prepaid cards around Europe \u2014 including the crypto-backed cards from Crypto.com and TenX. The FCA locked the cards \u2014 and hence customer access to their own funds \u2014 to make sure customer money wasn&#8217;t misappropriated to shore up <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2020\/06\/27\/what-the-collapse-of-wirecard-means-for-crypto\/\">the German parent company,<\/a> as had happened in previous large financial collapses. There were reasons to worry \u2014 &#8220;According to one of the pre-paid card firms caught up in the funds freeze, Wirecard\u2019s UK subsidiary did not allow it to identify all the accounts where its customers\u2019 funds were held.&#8221; [<a href=\"https:\/\/newmoneyreview.com\/index.php\/2020\/07\/17\/killing-the-golden-fintech-egg\/\"><i>New Money Review<\/i><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">At the block we have identified 3 buckets of crypto firms: <\/p>\n<p>1) scams <br \/>2) shady; but probably not doing super illegal stuff <br \/>3) not shady but low chance of viability<\/p>\n<p>&mdash; Frank Chaparro (@fintechfrank) <a href=\"https:\/\/twitter.com\/fintechfrank\/status\/1283436197289893888?ref_src=twsrc%5Etfw\">July 15, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h3>I heard it on the blockchain<\/h3>\n<p>California&#8217;s Blockchain Working Group produces its recommendations! As far as I can tell, the plan is to use Hyperledger to make the Department of Motor Vehicles even more annoying. [<a href=\"https:\/\/blogs.berkeley.edu\/2020\/07\/07\/blockchain-for-the-public-good\/\"><i>Announcement<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.govops.ca.gov\/wp-content\/uploads\/sites\/11\/2020\/07\/BWG-Final-Report-2020-July1.pdf\"><i>report<\/i><\/a><i>, PDF<\/i>] The announcement is great too:<\/p>\n<blockquote><p>These are all worthy goals, but even after a year of leading a group of professionals devoted to studying and implementing such technology, I still wonder at the luster blockchain holds in the public imagination. Is the potential impact of blockchain equivalent to that of the internet itself? Or is it a significant but passing fad, to be superseded by the next innovative database architecture?<\/p><\/blockquote>\n<p>Or is it a pile of trash that pretty much any data store is better than? Nah, couldn&#8217;t be that.<\/p>\n<p>Time to call the Office of Fair Trading \u2014 the &#8220;Centre For Evidence-Based Blockchain&#8221; site is not a blank page. The page is built in painfully slow React, to simulate being on the blockchain, or having a JavaScript coin miner. [<a href=\"https:\/\/britishblockchainassociation.org\/cebb\/\"><i>CEBB<\/i><\/a>]<\/p>\n<p>Telegram is finally shutting down the TON test net. &#8220;06.07.2020: We are discontinuing our support of the test network of the TON Blockchain. Our remaining validators will be switched off not later than 1.08.2020. Please save all relevant data and terminate your testing process.&#8221; [<i>test.ton.org, <\/i><a href=\"https:\/\/archive.vn\/X0086\"><i>archive<\/i><\/a>]<\/p>\n<p>Payments in Singapore are going DLT! Well, no \u2014 Accenture and JP Morgan did a proof-of-concept (the level below pilot scheme) for the Monetary Authority of Singapore of what a payment system <i>might<\/i> look like, using R3 Corda and JP Morgan&#8217;s Quorum fork of Ethereum. There&#8217;s an Accenture report on the POC \u2014 they spent <i>five years<\/i> noodling around, making a toy mockup version of an oversimplified multicurrency payment system. So that&#8217;s nice. Next steps: none listed, at all \u2014 but there&#8217;s lots of potential for &#8220;viable use cases,&#8221; if anyone ever finds one. [<a href=\"https:\/\/www.mas.gov.sg\/news\/media-releases\/2020\/project-ubin-fifth-and-final-phase-highlights-commercial-potential-paving-way-towards-live-adoption\"><i>MAS<\/i><\/a><i>, PDF<\/i>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&quot;Blockchain? You mean git for conspiracy theorists?&quot;<\/p>\n<p>&mdash; Senior Oops Engineer (@ReinH) <a href=\"https:\/\/twitter.com\/ReinH\/status\/1282793727400898560?ref_src=twsrc%5Etfw\">July 13, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h3>Dislike button<\/h3>\n<p>Libra&#8217;s Director of Policy, Julien Le Goc, told the Global Digital Finance virtual conference on Wednesday 8 July: &#8220;We\u2019ve not abandoned the multi-currency stablecoin, drawing its DNA from the special drawing fund, which remains an important design feature.&#8221;<\/p>\n<p>Presumably he means the Special Drawing Right \u2014 the SDR, an accounting unit based on a basket of currencies \u2014 which is not actually a currency itself, but just a matter of how the IMF and the Bank for International Settlements keep their books. Unless you are literally the IMF or BIS, it makes no sense to count money in SDRs.<\/p>\n<p>Libra is still hoping to create a new regulatory compliance framework, in an &#8220;ongoing dialogue&#8221; with regulators and central banks.\u00a0 [<a href=\"https:\/\/www.coindesk.com\/libra-hasnt-abandoned-multi-currency-stablecoin-policy-director\"><i>CoinDesk<\/i><\/a>]<\/p>\n<p>The Financial Action Task Force has produced its report to the G20 finance ministers on &#8220;so-called stablecoins,&#8221; the term they use for these things all through the report. It talks about both Tether-like (single currency) and Libra-like (currency basket) versions of the idea. Unsurprisingly, the FATF recommends they be regulated to the hilt, particularly when moved internationally. [<i><a href=\"https:\/\/www.fatf-gafi.org\/publications\/fatfgeneral\/documents\/report-g20-so-called-stablecoins-june-2020.html\">FATF<\/a>, PDF<\/i>]<\/p>\n<p>Facebook&#8217;s WhatsApp Pay in Brazil can proceed \u2014 but on a limited scale, and not for all 120 million WhatsApp users in the country. Facebook&#8217;s communications with the Central Bank were done Facebook-style \u2014 very little detail, and an attempt to sneak a huge service through a tiny loophole. The central bank president said: &#8220;Prior to the launch, there was a meeting in which WhatsApp kind of explained its plan, but the central bank was taken by surprise with the launch on June 15.&#8221; [<a href=\"https:\/\/www.reuters.com\/article\/us-brazil-whatsapp-central-bank\/brazil-central-bank-chief-says-whatsapp-payments-service-faces-further-review-idUSKBN24334U\"><i>Reuters<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.reuters.com\/article\/us-facebook-brazil-whatsapp-insight\/communication-collapse-inside-facebooks-tussle-with-brazils-central-bank-idUSKCN24H1FQ\"><i>Reuters<\/i><\/a>]<\/p>\n<p>The central bank digital currency idea is still being dragged along \u2014 and one day, it might find a clear use case! The Bank of Canada notes some insights from field and laboratory experiments: &#8220;A necessary condition to successfully initiate and sustain the adoption and use of a CBDC is to ensure the CBDC has a clear niche in the payment landscape.&#8221; Tech <i>then<\/i> use case isn&#8217;t going to work. The report talks of past e-money initiatives \u2014 Octopus in Hong Kong, which was hugely successful because it had a niche; and Mondex, which failed because it didn&#8217;t. [<a href=\"https:\/\/www.bankofcanada.ca\/2020\/06\/staff-analytical-note-2020-12\/\"><i>Bank of Canada<\/i><\/a><i>, PDF<\/i>]<\/p>\n<h3>Good news for Bitcoin exchanges<\/h3>\n<p>TETHER BREAKS 10 BILLION! Half of those in the past few months \u2014 as <i>someone<\/i> tries desperately to pump up the Bitcoin price number, by pumping fake dollars into the system. [<i>Tether Transparency, <\/i><a href=\"https:\/\/archive.vn\/1JHsp\"><i>archive<\/i><\/a>]<\/p>\n<p>In one of its expensive professional reports, Business Insider gets caught promoting Tether as an <i>investment<\/i> \u2014 something which stands a good chance of going up, apparently. Tether&#8217;s entire claimed purpose is to be fixed at a value of one US dollar. But I&#8217;m sure the people who paid $495 for the report will be happy. (You should <a href=\"https:\/\/www.patreon.com\/davidgerard\">send me $5 or $20 a month instead<\/a> &mdash; and I promise not to come out with stuff like that.) [<a href=\"https:\/\/ftalphaville.ft.com\/2020\/07\/01\/1593614771000\/Business-Insider-shows-us-how-not-to-flog-a-premium-report\/\"><i>FT Alphaville<\/i><\/a><i>, free with login<\/i>]<\/p>\n<p>The New York appeals court <i>finally<\/i> rules on Bitfinex and Tether \u2014 they operated in New York, and are subject to the jurisdiction of the New York Attorney General&#8217;s office. iFinex have a short time to produce a large quantity of discovery, that was requested in 2018. [<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-09\/bitfinex-must-face-n-y-suit-over-800-million-in-lost-funds\"><i>Bloomberg<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.courtlistener.com\/opinion\/4766776\/matter-of-james-v-ifinex-inc\/?q=bitfinex\"><i>ruling<\/i><\/a>]<\/p>\n<p>Crypto VCs angle for the ultimate Coinbase altcoin dump \u2014 Coinbase stock! Coinbase is preparing to go public, with a direct listing rather than doing an IPO. I can&#8217;t wait to see Coinbase opening its books to the SEC and hence the public. [<a href=\"https:\/\/www.reuters.com\/article\/us-coinbase-ipo-exclusive\/exclusive-crypto-exchange-coinbase-readies-landmark-stock-market-listing-sources-say-idUSKBN24A21W\"><i>Reuters<\/i><\/a>]<\/p>\n<p>The US 5th Circuit finds that there is no reasonable expectation of privacy in records maintained by the Bitcoin blockchain, or in records of transactions maintained by an intermediary \u2014 in this case, Coinbase. The defendant had been viewing child pornography \u2014 I know, unheard of in Bitcoin, right? \u2014 and had used Bitcoin on the child porn site. [<a href=\"https:\/\/law.justia.com\/cases\/federal\/appellate-courts\/ca5\/19-50492\/19-50492-2020-06-30.html\"><i>Justia<\/i><\/a>]<\/p>\n<p>GPay was a UK crypto exchange and trading platform that was shut down as insolvent. They specialised in the KYC scam \u2014 &#8220;If clients attempted to remove funds from their trading accounts, they were advised that no withdrawals could be made until they submitted copies of their photo ID, a utility bill and debit or credit card. This level of information, however, was not asked by GPay when they accepted clients\u2019 deposits.&#8221; [<a href=\"https:\/\/www.gov.uk\/government\/news\/online-cryptocurrency-trading-platform-shut-down-by-courts\"><i>Press release<\/i><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">cops and datamining in the pursuit of corporate profits was Satoshi&#39;s Vision iirc<\/p>\n<p>might be misremembering, though <a href=\"https:\/\/t.co\/eldQH4Qivv\">https:\/\/t.co\/eldQH4Qivv<\/a><\/p>\n<p>&mdash; Buttcoin (@ButtCoin) <a href=\"https:\/\/twitter.com\/ButtCoin\/status\/1282108442602332160?ref_src=twsrc%5Etfw\">July 12, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h3>Things happen<\/h3>\n<p>How Terrorists Use Cryptocurrency in Southeast Asia \u2014 describing how Islamic State used money laundered via crypto to fund activities in the southern Philippines. This involved small amounts of crypto per transaction, to avoid detection. [<a href=\"https:\/\/pipvtr.org\/2020\/05\/20\/terrorism-financing-continues-unabated-during-the-covid-19-pandemic\/\"><i>PIPVTR<\/i><\/a><i>; <\/i><a href=\"https:\/\/thediplomat.com\/2020\/06\/how-terrorists-use-cryptocurrency-in-southeast-asia\/\"><i>The Diplomat<\/i><\/a>]<\/p>\n<p>How fast are the shells moving in the DeFi shell game? So fast that money comes out of nowhere! There Are More DAI on Compound Now Than There Are DAI in the World. [<a href=\"https:\/\/coindesk.com\/there-are-more-dai-on-compound-now-than-there-are-dai-in-the-world\"><i>CoinDesk<\/i><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">waiting for the defi token that pools defi loan obligations, splits them into different tiers (let\u2019s call them tranches) and resells as a higher yield product<\/p>\n<p>&mdash; juthica (@juthica) <a href=\"https:\/\/twitter.com\/juthica\/status\/1274680053486555143?ref_src=twsrc%5Etfw\">June 21, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h3>Hot takes<\/h3>\n<p>JP Koning: How Bitcoin is like ham radio \u2014 it&#8217;s archaic and clunky; at best it&#8217;s a backup system, not a replacement for functional everyday systems. [<a href=\"https:\/\/www.coindesk.com\/how-bitcoin-is-like-ham-radio\"><i>CoinDesk<\/i><\/a>]<\/p>\n<p>Patrick McConnell: ASX \u2014 When in a hole \u2014 stop digging! McConnell thinks the Australian Securities Exchange&#8217;s blockchain system should be put out of its misery \u2014 the project&#8217;s way behind now, and is only going to fall further behind. Instead, they should upgrade their existing CHESS system \u2014 in the same way they quickly upgraded it to cope with COVID lockdown loads. I&#8217;d expect that upgrading CHESS would be a bit more complicated than that in practice \u2014 but the ASX blockchain project does look bogged down. [<a href=\"https:\/\/www.linkedin.com\/pulse\/asx-when-hole-stop-digging-patrick-mcconnell\/\"><i>LinkedIn<\/i><\/a>]<\/p>\n<p>Here&#8217;s an obscurity from the history of pre-bitcoin anarchocapitalist money using cryptography: The Digital Monetary Trust, which later became the Yodel Bank. It also presaged Bitcoin, by exit-scamming. [<a href=\"https:\/\/billstclair.com\/grabbe\/dmt1.htm\"><i>Bill St. Clair<\/i><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">TL,DR: the Bitcoin revolution. <a href=\"https:\/\/t.co\/dmX7Hs5Bi0\">pic.twitter.com\/dmX7Hs5Bi0<\/a><\/p>\n<p>&mdash; Trolly McTrollface (@Tr0llyTr0llFace) <a href=\"https:\/\/twitter.com\/Tr0llyTr0llFace\/status\/1281922123322228736?ref_src=twsrc%5Etfw\">July 11, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">time\u2019s up <a href=\"https:\/\/t.co\/mfYxxHPeTk\">pic.twitter.com\/mfYxxHPeTk<\/a><\/p>\n<p>&mdash; Neeraj K. Agrawal (@NeerajKA) <a href=\"https:\/\/twitter.com\/NeerajKA\/status\/1284162454461849600?ref_src=twsrc%5Etfw\">July 17, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>It\u2019s right there in the white paper \u2014 cryptocurrency is about government handouts.<\/p>\n","protected":false},"author":1,"featured_media":17447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[1703,914,1885,38,74,395,478,1474,1886,288,1668,146,1890,1552,1891,166,980,1889,1642,75,1888,1328,6,1887,1643,594,1860,117,1449,1096,39,1097,1288,1236,1892],"class_list":["post-16815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-accenture","tag-asx","tag-ayn-rand-institute","tag-bitfinex","tag-blockchain","tag-brazil","tag-california","tag-cbdc","tag-centre-for-evidence-based-blockchain","tag-coinbase","tag-compound","tag-craig-wright","tag-dai","tag-defi","tag-digital-monetary-trust","tag-fca","tag-financial-action-task-force","tag-gpay","tag-jacob-kostecki","tag-jpmorgan-chase","tag-julien-le-goc","tag-libra","tag-links","tag-mas","tag-massive-adoption","tag-new-york","tag-philippines","tag-singapore","tag-stablecoin","tag-telegram","tag-tether","tag-ton","tag-whatsapp-pay","tag-wirecard","tag-yodel-bank"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2020\/07\/inch-helping-with-the-book-header.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/16815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=16815"}],"version-history":[{"count":21,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/16815\/revisions"}],"predecessor-version":[{"id":16837,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/16815\/revisions\/16837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/17447"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=16815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=16815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=16815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}