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LexSokolin
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Remember when people debated if the internet was useful?
No?
That's exactly how we'll remember web3 skeptics in 10 years
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LexSokolin
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Breaking: Your bank account is a donation to bank shareholders Meanwhile money market funds are yielding 4%+ Be smarter with your cash Move it to brokers Stop subsidizing banks Also, stablecoins are money markets.
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The US should have just let all these retailers become Industrial Loan Companies Commerce doesn't want to pay banks net interest and interchange Stablecoins disintermediate both payments and deposits by letting retailers use tokenized money market funds, ie stables, for commerce
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Circle IPO enthusiasm hits different But so did: Robinhood Affirm Marqeta Block Hope Circle breaks the curse
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What I like about Web3 - DeFi - Stables - DePIN - DeGPU and DeAI - Capital markets for Digital Art - The people making new systems What I don’t like about Web3 - CrimeFi - InfoFi - SocialFi - GameFi - Memes - inflation tokenomic games - bridges - The people abusing systems
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Great time today at @proofoftalk with @StakeCapital @coinfund_io and @swissborg People still interested in the realities of DeFi. These days I mostly recommend @aave @SkyEcosystem and @ethena_labs The real attention though was on the @bittensor_ event before us. Super hot.
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