The Pomp Letter
The Pomp Letter
Coinbase and The Fed System
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Coinbase and The Fed System

1

To investors,

The last 24 hours has been busy in the bitcoin and cryptocurrency industry. First, we should discuss a perfect example of why we need decentralized, open protocols. At one point yesterday, we saw the Federal Reserve’s real-time settlement network lose operability for a few hours.

This downtime prevented banks and financial organizations fro…

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