The Rollup Haseeb Qureshi on Proof Of Stake, Revenue, and Stablecoins
4 snips
Jul 1, 2025 Hasseb Qureshi, Managing Partner at Dragonfly Capital, dives deep into the nuances of the crypto market. He explores the complex relationship between nominal yields and inflation, advocating for stablecoin investments. Hasseb discusses the integration of stablecoins into traditional payment systems and how this shift could revolutionize finance. He also highlights the intersection of AI and crypto, emphasizing patience amidst market fluctuations. His insights reveal exciting investment trends and the importance of sustainable growth over quick profits.
AI Snips
Chapters
Transcript
Episode notes
Proof of Stake Yields Illusion
- Proof of stake staking yields are mostly nominal, not real yields, often masking underlying inflation effects.
- The security of proof of stake chains is mainly professionalized validators, not the inflation rate, making staking inefficient and unfair.
Stablecoin Cards Piggyback Rails
- Stablecoin credit cards integrate with existing credit card rails to enable seamless payments using on-chain stablecoin balances.
- This approach bridges crypto wallets and real world payments without requiring merchants to adopt new systems.
Cooperation Prevents Disruption
- Major payment networks must enable others to build on their systems to avoid disruption from stablecoin-based alternatives.
- Cooperation with crypto innovators is the fastest path to widespread stablecoin payment adoption.