GM. My favorite cup for morning tea.

GM and a blessed Sunday everyone

I was on a call with a dude today, and his German accent was so heavy that his "version" sounded like "virgin." So confusing. “Hey Philipp, we plan to do this to Virgin 7 with the upcoming release”

“Pls fix” Every consultant loves this request.

GM. Bitcoin is the ultimate collateral. "[JPM] chief Jamie Dimon, who once branded bitcoin a ‘fraud’, has moderated his tone"

Bundesbank chief warns of possible risks to the banking system from Stablecoins and urges tighter regulations in the EU after the passage of the Genius Act in the US. Dude, I’m not sure if you follow markets but the system is in a nosedive. Tighter regulation won’t save it. And a Stablecoin is simply a fiat coin, no different from a credit card. So why fuss about it? I sense their fear of yet another non-European payment provider (Tether) taking over the market. They surely gonna have to outlaw Tether and prop up a mandated Euro Stablecoin provider. So long until they push that evil digital Euro. Nothing of signal here, Stables are a transitionary technology at best. People are moving away from continuously debased fiat coins.

The ECB is moving forward with their digital euro. They state that regulations, provider selection and tests are on schedule. Their goal is to set the highest standards for quality, security and user friendliness. Of course. Apparently a provider for their platform and infrastructure will be selected by end of the year.