
Weekly Roundup 02/11/22 (Bitfinex hacked coins recovered, NY Fed attacks Stablecoins, Gofundme bans truckers) (EP.284)
On The Brink with Castle Island
00:00
Are Stable Coins an Unnecessary Use of Liquidity?
Stable coins offer a very different value proposition from anything like a cbd c because they are private. They imitate the qualities of physical cash in the digital realm, whereas every indication we have from the cbd c enthusiasts suggest that they'll be pretty surveiled. I would say that your reaction would the future of payments is stable coins. B it's not the only future of payments, but it's certainly a future for payments. And their critiques of stable coins are totally whack, for lack of better word.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.