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I'm really looking forward to reading this! Eric Takes has a nice summary thread on X.
The marginal source of demand for stablecoins will eventually be interest paid on them
#bitcoin will be a superior reserve asset for doing so
The $STRC model is the proto-version of what banks will ultimately do with stablecoins
Second time I've heard people talk about STRC this way. I really need to figure out what they mean.
I'm reading all of the report tonight.
Anyone with foresight should know that Hal most likely predicted the most accurate future of Bitcoin in one of his comments in the Bitcoin Forum back in the day when he said something about Banks issuing Bitcoin-backed currencies.
Great job, Eric!!
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