<h2 id="header-0">Today&#39;s headlines</h2><a href="https://coinmarketcap.com/newsletter" rel="noopener noreferrer nofollow">But first — subscribe to our newsletter.</a><ul><li><a href="https://coinmarketcap.com/alexandria/article/bitcoin-could-double-in-price-if-regulated-by-the-cftc-chairman-claims" rel="noopener noreferrer nofollow">Bitcoin &#39;could double in price&#39; with regulation</a> &#x1f4c8;</li><li><a href="https://coinmarketcap.com/alexandria/article/floyd-mayweather-joins-kim-k-in-pushing-to-get-ethereum-max-lawsuit-dismissed" rel="noopener noreferrer nofollow">Mayweather wants Ethereum Max lawsuit dismissed</a> &#x1f6a8;</li><li><a href="https://coinmarketcap.com/alexandria/article/delaware-targets-pig-butchering-scammers-and-freezes-their-crypto-wallets" rel="noopener noreferrer nofollow">Delaware targets pig butchering scammers</a> &#x1f525;</li></ul><h2 id="header-1">Editor&#39;s Note: An Uncomfortable Truth for Bitcoiners</h2>Connor Sephton writes...The financial crisis engulfing the British pound shows no sign of abating. Interest rates are now set to peak at 6.1%, but the government appears to be doubling down on controversial plans to slash taxes for the highest earners.Across Crypto Twitter in recent days, sterling&#39;s been branded a &#34;s***coin&#34; — with Bitcoin presented as a better alternative. But I&#39;d argue this. Even if things get much, much worse for the pound (and they might,) most Britons would still pick GBP over BTC.Bitcoiners argue that the pound is only suffering downward volatility over time. This is true to an extent — £1 was worth $2 in 2007, now it&#39;s just $1.09. But even consumers who know little about BTC are familiar with the fact that it can go through stomach-turning fluctuations on an early basis, with a brutal boom-and-bust cycle every four years.Those who believe BTC should become the world&#39;s currency face an Everestian challenge ahead of them to educate the public and assuage their concerns. Crypto remains far too technical and fiddly for most consumers, who just want an easy way to pay for their pints. And while Bitcoiners value having full control over their keys, this would be a daunting prospect for those who feel more comfortable entrusting their savings with a bank.<a href="https://coinmarketcap.com/alexandria/article/coinmarketcap-news-sept-29-an-uncomfortable-truth-for-bitcoiners" rel="noopener noreferrer nofollow">Read more here!</a>

CoinMarketCap News, Sept 29: An Uncomfortable Truth for Bitcoiners

Table of Contents

CMC News

Alte articole publicate pe 29 sept. 2022

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