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Chronicles

The story behind the story

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Saga foundation, representing a group of well-known economists, says it raised $30M and debuts Saga cryptocurrency, which they say will avoid Bitcoin's pitfalls

Saga. Does history repeat? https://www.ft.com/... Tony Tassell / @tonytassell : some pretty heavyweight market names are backing a new #cryptocurrency called Saga that aims to be “more acceptable to the financial and political establishment” https://www.ft.com/... pic.twitter.com/ajrju7cRn4 Mike Bird / @birdyword : It's “the academic's crypto” as the story suggests, mainly in the sense that its function is academic. Mike Bird / @birdyword : A dollar... you've invented a dollar https://www.ft.com/... pic.twitter.com/lEwUynJUql

Financial Times Martin Arnold