The White House has issued an Annual Economic Report of the President to Congress, including the research on digital assets and digital economy.
In the context of Ethereum’s transition to Proof-of-Stake, it says:
“...Bitcoin has not announced plans to make a similar change.” Really weird… Bitcoin CEO needs either to think seriously about such a transition or at least to raise the issue with shareholders at the next meeting
Besides, the report says crypto assets are neither an effective store of value nor effective means of payment; their innovations are primarily about creating artificial scarcity to support the price.
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