Britain Is Still Making Dumb Bets on Crypto
The tech venture capital firm Andreessen Horowitz, or “a16z”, announced on June 11 that it would be opening an office in the United Kingdom. British Prime Minister Rishi Sunak supplied a quote for the announcement, proclaiming a bright new blockchain-based future for Britain.
This might seem odd given the current state of the cryptocurrency market, which collapsed a year ago in a farrago of incompetence and fraud. Crypto enthusiasm was all the rage for politicians such as Salvadoran President Nayib Bukele and Miami Mayor Francis Suarez while the bubble was pumping. Getting into crypto now, however, is like buying Theranos stock after Elizabeth Holmes was exposed.… Seguir leyendo »