mattytay

A provision in the Genius Act running through congress rn bans yield-bearing stablecoins in the USA.

This will continue to entrench US banks (who will not pass on the yield to customers), Circle (who also will not pass on the yield), and asset managers who will offer the yield only to other institutions + high net worth clients.

Also, citizens of other countries will inevitably get access to the coming proliferation of yield-bearing stablecoins.

So basically the average American gets screwed. Checks out.

One of the more inspirational aspects of working/investing in crypto (and something that most don't see) is reviewing @Solana hackathon submissions.

I've been doing this for 5 years now, and it hits me every time. Thousands of builders globally — sharing their visions for what production crypto can be and how this technology can actually reshape the global financial system. No price charts, no empty hype. Pure optimistic belief in their products.

I see it clearly every time in the video pitches — Stanford students building from dorm rooms, new grads at Wall Street firms hacking in their tiny NYC apartments, really talented devs coding late into the night in Bangalore, etc.

If you’re not watching these submissions, it’s hard to grasp just how much talent is pouring into the ecosystem right now.

It’s truly a privilege to be reviewing all of these product submissions and seeing the future of crypto being built in real time.

AI has completely transformed the way hackathon teams globally submit their products.

For example, a team of 3 dudes from Indonesia will use a Southern California valley girl AI voiceover to pitch their DeFi lending protocol.

Seeing a lot of ads for crypto projects around Manhattan.

@SuiNetwork making moves in the Onchain Health & Wellness vertical.👀

Seeing a lot of ads for crypto projects around Manhattan.

@SuiNetwork going big into the Onchain Health & Wellness vertical 👀

I will be in NYC this week for Solana Accelerate.

And when I say I'll be in NYC I mean that I'll be locked in my hotel room reviewing @colosseum hackathon submissions.

I will be in NYC this week for Solana Accelerate.

And when I saw I'll be in NYC I mean that I'll be locked in my hotel room reviewing @colosseum hackathon submissions.

Instead of screeching on this website about REV, how transacting onchain and generating some of it?

Instead of screeching on this website about REV, how about transacting onchain and generating some of it?

Disappointed we did not receive an onchain sperm racing platform as part of the @colosseum hackathon submissions.