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Rep. Ritchie Torres on Why Congress Should Make Clear Crypto Laws - Ep. 524
Unchained
The Future of Cryptocurrency
The clearest use case of crypto is stablecoin. In some sense, the truest form of cryptocurrency because it functions as a currency. We want to ensure that every stablecoins is fully reserved and that those reserves consist of 100% cash or cash equivalent. The notion that states cannot be trusted to regulate stable coins strikes me as absurd.
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