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60 sats \ 1 reply \ @SimpleStacker 21h \ on: A16Z’s Stablecoin Thesis is Wrong bitcoin
Their popularity suggests censorship resistant MoE is not that valuable.
Like a backup generator, it's something that you don't need until you need it.
IMO stablecoins are a form of regulatory arbitrage:
imo, it is a form of regulatory arbitrage. It's true that you're getting "US dollars" into the hands of people who want them, but it's mainly because the legal and regulatory frameworks haven't caught up to how to deal with them.
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37 sats \ 0 replies \ @DarthCoin 18h
Anybody that "want US dollars" I consider it a stupid man. I prefer to die of hunger but not accepting USD. fiat delenda est.
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