Molly Whiteextremely fun to hear people talking about how people are using USDC to store value today of all days
"this chart was pulled yesterday and it's already a little outdated but... uh, the principle remains"
"stablecoins are always, uh, notionally, pegged to the dollar"
"stablecoins are always, uh, notionally, pegged to the dollar"
the "crypto is great because of its possibilities for financial surveillance and control" people arguably scare me the most
i've come to realize that "programmable money" is code for "i'm about to say the most dystopian shit you've ever heard"
varx/tech@molly0xfff Is their plan literally "we'll check for fraud at the borders, so surely no fraud can happen inside"?
@molly0xfff (I mean unless it's just "we'll say lots of words about KYC and maybe people won't think too hard", which is honestly a lot more likely.)