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33 sats \ 2 replies \ @krispy_donkey 21h \ on: A16Z’s Stablecoin Thesis is Wrong bitcoin
As far as blockchain in 2025 goes there are only two stories, Bitcoin and USDT. I’m suprised at how interesting I find the topic, but in many ways it’s a proxy for ‘what is the future of the US’.
A recent episode of Tom Luongo’s podcast featuring Caitlin Long was quite interesting and towards the end they discuss Tether. Some interesting comments from both of them particularly Caitlin. And Toms Eurocentric conspiracy theory is pretty interesting.
https://fountain.fm/episode/x1KjbAArOmAE8Odmd2Lt
What is the gist of the medium piece you posted? My three year old would not let me read it.
The TL/DR was that the author called out A16Z for its disingenuous comparison of stablecoins to Bitcoin and treating both as permissionless, although only Bitcoin can serve that role.
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thank you! permissionless?! is A16Z a strain of weed?! but seriously I might look into that to understand quite how they are defining permisionless in this instance.
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