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LexSokolin
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Remember when banks said crypto was dangerous?
Now they're working with regulators to let them issue stablecoins
Funny how that works
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LexSokolin
@LexSokolin
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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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We are entering the age of a new machine economy. Humans, software machines, and our ever-evolving hybrids are connected through fintech financial networks and anchored to blockchains.
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Look Banks had a monopoly on money for 100 years Now? 💵Stablecoins process $10T annually 🏦Money markets yield 4%+ ⏱️DeFi never sleeps The game changed No more: • 0.01% savings rates • 3-day ACH transfers • Predatory overdraft fees • Legacy tech stacks • Regulatory capture Either innovate or evaporate The future is permissionless
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Here's what banks don't want you to know: Money markets outperform savings accounts Stablecoins move faster than wire transfers DeFi works on holidays The emperor has no clothes Time to build the future
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Let me get this straight Coreweave: • Started in crypto mining • Pivoted to AI compute • Now worth $70B+ That's more than: • Deutsche Bank ($47B) • Square/Block ($38B) • Affirm ($17B) The AI compute gold rush is real folks
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