Chekhov’s Gun 🔫 Meets Stablecoins: Who’ll Bleed First, Banks or Crypto?
The BoE, ever the unromantic pragmatist, insists these caps are merely a “transitional measure” to prevent financial stability from dissolving like a poorly encrypted PDF. Critics-Coinbase, the UK Cryptoasset Business Council, and anyone who’s ever lost a sock-argue the BoE’s plan is as feasible as a blockchain-based teapot. “How do you track token holders?” they sigh, as if the BoE should’ve hired Sherlock Holmes. “You’d need digital IDs! Wallet coordination! It’s *costly*! It’s *intrusive*! It’s like asking your grandma to solve a Rubik’s Cube while juggling!”


