On The Brink with Castle Island cover image

Weekly Roundup 04/14/23 (ETH unstaking, FedNow vs CBDCs, NYT on mining, FTX 2.0 gets closer) (EP.416)

On The Brink with Castle Island

CHAPTER

The Choke Point Stuff Is Insidious

I think we need cash as a society. But of course, yeah, the blockchain is not a good place to do crime. I don't think it's in anyone's interest to completely politicize payment systems. This is why the choke point stuff that we've been talking about is insidious. It's an extra judicial way to marginalize an industry through the banking sector. That shouldn't be a politicized thing because there will come a day where you're out of power and then you're on the other end of the stick.

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