Supposedly, AFAIK it's vaporware and may never be released.
Even if it is functional PoS (which sounds like a codified plutocracy, but I could be wrong), they still managed to botch securities regulations. Even if they sneak past that somehow, it seems likely they'll also fall afoul of AML/KYC regulations.
Maybe not! Maybe they're finally the ones who will do it all! Legal and ecologically responsible! If so they're off to a very bad start.
Do fully legal cryptocurrencies even make sense? They have to be legal only to sneak past regulations and gain adoption, but still somehow escape government control, so that AML, etc. cannot be enforced.
Even if it is functional PoS (which sounds like a codified plutocracy, but I could be wrong), they still managed to botch securities regulations. Even if they sneak past that somehow, it seems likely they'll also fall afoul of AML/KYC regulations.
Maybe not! Maybe they're finally the ones who will do it all! Legal and ecologically responsible! If so they're off to a very bad start.