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"It's a bit ridiculous that we are blocking it on this idea that stablecoins should not generate yield for customers" Johann Kerbrat, SVP and GM of International and Crypto at Robinhood, on the stablecoin yield fight holding up the Clarity Act "I think this Clarity Act is really important....

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The Wolf Of All Streets

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36,490 просмотров • 2 месяцев назад •via X (Twitter)

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Brian Armstrong on what's next for US crypto regulation after the Clarity Act "My understanding is that there are some members of the Senate that are trying to revive it (Clarity Act) and have another bite at the apple, like Senator Tillis. I commend them for doing that. I don't really know what the chances are of that happening." "I would just at this point assume it's dead, unless I hear otherwise and I'm pleasantly surprised." "So I think we can't really wait at this point for the Senate to act, and we need to go to the regulators." "In a way, it's a feature, not a bug, of American democracy. We have three branches of government to do checks and balances. And so if one branch of government is not going to deliver on a solution for the American people, another branch can step up, and I think that's what we're seeing here." "So credit to the founding fathers for having some diversity of branches at the top."
1:05

Brian Armstrong on what's next for US crypto regulation after the Clarity Act "My understanding is that there are some members of the Senate that are trying to revive it (Clarity Act) and have another bite at the apple, like Senator Tillis. I commend them for doing that. I don't really know what the chances are of that happening." "I would just at this point assume it's dead, unless I hear otherwise and I'm pleasantly surprised." "So I think we can't really wait at this point for the Senate to act, and we need to go to the regulators." "In a way, it's a feature, not a bug, of American democracy. We have three branches of government to do checks and balances. And so if one branch of government is not going to deliver on a solution for the American people, another branch can step up, and I think that's what we're seeing here." "So credit to the founding fathers for having some diversity of branches at the top."

The Wolf Of All Streets

37,358 просмотров • 3 дней назад

"So congratulations, banks. You've now allowed me to go on Coinbase and earn the yield that you so feared" "The banking lobby said there's going to be a deposit flight because crypto exchanges are able to offer yield. Guess what? The Genius Act, which already passed, guaranteed that Coinbase and exchanges can offer yield." "And the Clarity Act, which the banks opposed, was the thing that was going to fix that loophole and prevent the crypto industry from offering yield. And Coinbase reluctantly agreed to that." "The hypocrisy, the insanity, the stupidity of this is never ending." "I'll take the silver lining now as the opportunity to say we don't have to talk about the Clarity Act anymore. We can talk about the CFTC and the SEC moving forward with pro-crypto regulation, which will happen." "This is just a reminder for all the Bitcoiners out there, like myself, at the very beginning, who are here because we wanted to rage against the machine. Now you can opt out of the stupidity of government once again by simply buying Bitcoin."
1:34

"So congratulations, banks. You've now allowed me to go on Coinbase and earn the yield that you so feared" "The banking lobby said there's going to be a deposit flight because crypto exchanges are able to offer yield. Guess what? The Genius Act, which already passed, guaranteed that Coinbase and exchanges can offer yield." "And the Clarity Act, which the banks opposed, was the thing that was going to fix that loophole and prevent the crypto industry from offering yield. And Coinbase reluctantly agreed to that." "The hypocrisy, the insanity, the stupidity of this is never ending." "I'll take the silver lining now as the opportunity to say we don't have to talk about the Clarity Act anymore. We can talk about the CFTC and the SEC moving forward with pro-crypto regulation, which will happen." "This is just a reminder for all the Bitcoiners out there, like myself, at the very beginning, who are here because we wanted to rage against the machine. Now you can opt out of the stupidity of government once again by simply buying Bitcoin."

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"It's a sign that crypto actually built infrastructure that works. But is it bullish for the projects and tokens involved? I'm not sure it is" Joshua Frank on what Robinhood building on Arbitrum really means for crypto "There's a reason Robinhood is choosing to do this onchain. They can go 24/7, low fee trading for their customers. But Robinhood is operating all the sequencers behind the scenes. It's their chain, they're controlling everything. It's not like Arbitrum is being used for transactions of any sort" "As we saw with Base and Optimism, loyalty is not necessarily a real thing. But obviously they saw something in Arbitrum's technology they liked, so maybe that's bullish broadly for Arbitrum" "The reality is it probably creates more demand for trading tokenized equities 24/7. Maybe dYdX or other platforms offering that are able to generate fees back to token holders. A few years ago the crypto market would have reacted and ARB would have been up 70% on the day. But this is just a picks and shovels kind of play"
1:47

"It's a sign that crypto actually built infrastructure that works. But is it bullish for the projects and tokens involved? I'm not sure it is" Joshua Frank on what Robinhood building on Arbitrum really means for crypto "There's a reason Robinhood is choosing to do this onchain. They can go 24/7, low fee trading for their customers. But Robinhood is operating all the sequencers behind the scenes. It's their chain, they're controlling everything. It's not like Arbitrum is being used for transactions of any sort" "As we saw with Base and Optimism, loyalty is not necessarily a real thing. But obviously they saw something in Arbitrum's technology they liked, so maybe that's bullish broadly for Arbitrum" "The reality is it probably creates more demand for trading tokenized equities 24/7. Maybe dYdX or other platforms offering that are able to generate fees back to token holders. A few years ago the crypto market would have reacted and ARB would have been up 70% on the day. But this is just a picks and shovels kind of play"

The Wolf Of All Streets

31,562 просмотров • 2 месяцев назад

WATCH: "For the crypto community to say we don't want any bill unless we can get yield out of stablecoins — I don't think it's the hill to die on." Ric Edelman breaks down why he thinks banks are likely to win the stablecoin debate.
0:36

WATCH: "For the crypto community to say we don't want any bill unless we can get yield out of stablecoins — I don't think it's the hill to die on." Ric Edelman breaks down why he thinks banks are likely to win the stablecoin debate.

CoinDesk

35,062 просмотров • 6 месяцев назад

Martin Masser from ChangeNOW says we overlook how many people get paid in USDT and Bitcoin because their currency won't hold "We have a lot of payments areas. We have a lot of travel companies, luxury goods items. People may want to accept crypto. If you have a website, maybe you want to be accepting payments in crypto." "We're very lucky where we are in the Western world, where we can use our Apple Pay. But there's many areas of the world where the currency is going up and down. What you get paid today is very different to what it's worth next week." "A lot of them do take stablecoins, and the amount of people I know that get USDT and Bitcoin as their main payments. This is something we really overlook. You go to many areas of the world, this is what a lot of them are doing." "How are they able to spend that? So there is now payments. Websites or companies can use that as an integration, so they can accept crypto payments, and then we look after all the ends of whatever they need, if they need it looked after or cashed out." "I think we really do overlook how many people actually utilise and hold crypto on a day-to-day basis. This isn't just price speculation." "This is really, look, I know I'm not going to be able to have the same amount of money in my pocket if I get paid in a local currency. And even sending it to partners and loved ones, this happens a lot."
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Martin Masser from ChangeNOW says we overlook how many people get paid in USDT and Bitcoin because their currency won't hold "We have a lot of payments areas. We have a lot of travel companies, luxury goods items. People may want to accept crypto. If you have a website, maybe you want to be accepting payments in crypto." "We're very lucky where we are in the Western world, where we can use our Apple Pay. But there's many areas of the world where the currency is going up and down. What you get paid today is very different to what it's worth next week." "A lot of them do take stablecoins, and the amount of people I know that get USDT and Bitcoin as their main payments. This is something we really overlook. You go to many areas of the world, this is what a lot of them are doing." "How are they able to spend that? So there is now payments. Websites or companies can use that as an integration, so they can accept crypto payments, and then we look after all the ends of whatever they need, if they need it looked after or cashed out." "I think we really do overlook how many people actually utilise and hold crypto on a day-to-day basis. This isn't just price speculation." "This is really, look, I know I'm not going to be able to have the same amount of money in my pocket if I get paid in a local currency. And even sending it to partners and loved ones, this happens a lot."

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Variational's Lucas Schuermann says the reason to keep asking what the endgame is comes down to the effort it takes to be a founder: "I ask myself this question a lot. And the reason to ask it a lot is, I think, to really put in the effort that it takes to be a founder. And not just for me, but for the rest of our team of 25." "We have to have a vision and an endgame and a reason why we wake up every day and grind on this." "One is on the product side. It's democratizing access. I think that traders globally should be able to trade global markets, without red tape, without restrictions and taxes and fees and onboarding that are so ridiculously fragmenting." "But more broadly, I like building things that people use." "The idea of introducing new technology and seeing it become used, and at this point even seeing it be copied. It's really fulfilling." "For a lot of entrepreneurs, it's really that idea of building something and seeing it be used, and that you feel pride about." lucas.var Variational MR SHIFT 🦁
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Variational's Lucas Schuermann says the reason to keep asking what the endgame is comes down to the effort it takes to be a founder: "I ask myself this question a lot. And the reason to ask it a lot is, I think, to really put in the effort that it takes to be a founder. And not just for me, but for the rest of our team of 25." "We have to have a vision and an endgame and a reason why we wake up every day and grind on this." "One is on the product side. It's democratizing access. I think that traders globally should be able to trade global markets, without red tape, without restrictions and taxes and fees and onboarding that are so ridiculously fragmenting." "But more broadly, I like building things that people use." "The idea of introducing new technology and seeing it become used, and at this point even seeing it be copied. It's really fulfilling." "For a lot of entrepreneurs, it's really that idea of building something and seeing it be used, and that you feel pride about." lucas.var Variational MR SHIFT 🦁

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“The Chinese are skeptical of our calls for international cooperation on AI. They think they're in a race with us. And if they think they're in a race with us, it's kind of hard for us not to be in a race with them. And that's just the way it is.” “And at the end of the day, the Chinese government is a dictatorship that's nationalist and socialist and doesn't really want to cooperate with us much. They want to beat us. They want to compete with us. So, we can try. It's worth trying.” “But the record shows, according to 100% of the evidence, that when you sign an AI or a nuclear or a cyber-hacking document with the Chinese government, it turns out not to be held up. It turns out that they're not actually trustworthy.”
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“The Chinese are skeptical of our calls for international cooperation on AI. They think they're in a race with us. And if they think they're in a race with us, it's kind of hard for us not to be in a race with them. And that's just the way it is.” “And at the end of the day, the Chinese government is a dictatorship that's nationalist and socialist and doesn't really want to cooperate with us much. They want to beat us. They want to compete with us. So, we can try. It's worth trying.” “But the record shows, according to 100% of the evidence, that when you sign an AI or a nuclear or a cyber-hacking document with the Chinese government, it turns out not to be held up. It turns out that they're not actually trustworthy.”

Josh Rogin

23,862 просмотров • 4 дней назад

VP VANCE: "We want Europe to thrive, and we want Europe to succeed." "The problem that we have with Europe is not that we don't like Europe, even though you hear that from the European press, it's not that we don't respect our allies, it's that they are doing a lot of things to sabotage themselves."
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VP VANCE: "We want Europe to thrive, and we want Europe to succeed." "The problem that we have with Europe is not that we don't like Europe, even though you hear that from the European press, it's not that we don't respect our allies, it's that they are doing a lot of things to sabotage themselves."

Fox News

315,592 просмотров • 7 месяцев назад

Martin Masser from ChangeNOW says banks are running software from the 70s, and crypto is how they get out "I think there was a point where we did think we would replace the banks, but that was probably 12 years ago. I think now, working parallel." "I worked in a lot of these banking systems, and do you know what, now that you've doxxed your age, a lot of the software in the banks is older than you." "They've got these legacy systems in from the '70s, and they just can't get that out because so much of that is ingrained. So you're in banking and you've got software from the '80s, '90s, '70s in there. It's just not going to be as efficient." "I think what's really interesting for the stage that we're at is there's going to be so many more things that we can do with crypto within banking." "The amount of people that are on the banking floor trying to approve settlements is crazy. We can do that in crypto really easily." "So I'm actually finding a lot more banks now are open to integrating, and they are now integrating a lot of the software, a lot of the ideas." "And I think the key thing people maybe don't realize, banks have been involved in this space for a very long time. A lot of the times they've been doing pilots, proofs of concept, little trials." "But now we're starting to see the banks integrating a lot of these systems, because they just see so many efficiencies that are there now with this."
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Martin Masser from ChangeNOW says banks are running software from the 70s, and crypto is how they get out "I think there was a point where we did think we would replace the banks, but that was probably 12 years ago. I think now, working parallel." "I worked in a lot of these banking systems, and do you know what, now that you've doxxed your age, a lot of the software in the banks is older than you." "They've got these legacy systems in from the '70s, and they just can't get that out because so much of that is ingrained. So you're in banking and you've got software from the '80s, '90s, '70s in there. It's just not going to be as efficient." "I think what's really interesting for the stage that we're at is there's going to be so many more things that we can do with crypto within banking." "The amount of people that are on the banking floor trying to approve settlements is crazy. We can do that in crypto really easily." "So I'm actually finding a lot more banks now are open to integrating, and they are now integrating a lot of the software, a lot of the ideas." "And I think the key thing people maybe don't realize, banks have been involved in this space for a very long time. A lot of the times they've been doing pilots, proofs of concept, little trials." "But now we're starting to see the banks integrating a lot of these systems, because they just see so many efficiencies that are there now with this."

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Ansem says $VVV is one of the sleeper consumer app play in crypto "VVV is a sleeper consumer app play onchain. I think VVV is one of the sleeper plays in crypto" "They have like 4 million users right now. I think they just hit like $100 million annualized revenue" "VVV is one of the applications that has found breakout success and consumer success, which is extremely hard to do with customers that aren't even really crypto-native" "I think the narrative for them as uncensored AI is just great generally going forward" "For the same reason that Bitcoin made a ton of sense, like uncensored money, you should have uncensored access to AI, especially if AI is going to continue to get a lot more impressive over the years" "It's a great trade. It was a really strong leader this year. It went from $1 to $20" "Their numbers are fucking through the roof. They're crushing it" "I think it's rare that a crypto app is crushing it outside of crypto and also has a token attached to it. And the team is focused on delivering value to the token as well" "I like Venice a lot. There's not really much that they're competing with in the AI space right now in crypto"
1:42

Ansem says $VVV is one of the sleeper consumer app play in crypto "VVV is a sleeper consumer app play onchain. I think VVV is one of the sleeper plays in crypto" "They have like 4 million users right now. I think they just hit like $100 million annualized revenue" "VVV is one of the applications that has found breakout success and consumer success, which is extremely hard to do with customers that aren't even really crypto-native" "I think the narrative for them as uncensored AI is just great generally going forward" "For the same reason that Bitcoin made a ton of sense, like uncensored money, you should have uncensored access to AI, especially if AI is going to continue to get a lot more impressive over the years" "It's a great trade. It was a really strong leader this year. It went from $1 to $20" "Their numbers are fucking through the roof. They're crushing it" "I think it's rare that a crypto app is crushing it outside of crypto and also has a token attached to it. And the team is focused on delivering value to the token as well" "I like Venice a lot. There's not really much that they're competing with in the AI space right now in crypto"

Shadooow

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Anthony Scaramucci updates CNBC on the current state of the crypto Clarity Act: "If it get's to the (Senate) floor it's gonna pass...cause I think a lot of the younger democrats are not gonna want to go up against the crypto bros and their PACs come November" "If it doesn't get to the floor it dies a brutal death."
1:17

Anthony Scaramucci updates CNBC on the current state of the crypto Clarity Act: "If it get's to the (Senate) floor it's gonna pass...cause I think a lot of the younger democrats are not gonna want to go up against the crypto bros and their PACs come November" "If it doesn't get to the floor it dies a brutal death."

Altcoin Daily

78,150 просмотров • 2 месяцев назад

Pep Guardiola on watching Arsenal’s style: “Yeah [I like watching Arsenal]…” Reporter: “What is it you like about them because they get a lot of criticism for their style?” Guardiola: “Yeah, people are so demanding. So demanding for the media, for the supporters, for everyone. I enjoy watching it. I learn a lot, many, many, many things. And the people, what they want, the people they want is win. “We fight in an aspect that is really, really, really important that we cannot fight against. It's 22 years without winning the Premier League. So with that aspect, we cannot fight. So they have something that makes it unique. “I know that I knew that feeling when we arrived here and for a long time we didn't win the Premier League, or a long time not because with Manuel and Mancini they did it, but for our era I would say one at a time, but in the first I know how you feel it, and that is something that we cannot play against, so that's why we had to focus on the way we had to play.”
1:08

Pep Guardiola on watching Arsenal’s style: “Yeah [I like watching Arsenal]…” Reporter: “What is it you like about them because they get a lot of criticism for their style?” Guardiola: “Yeah, people are so demanding. So demanding for the media, for the supporters, for everyone. I enjoy watching it. I learn a lot, many, many, many things. And the people, what they want, the people they want is win. “We fight in an aspect that is really, really, really important that we cannot fight against. It's 22 years without winning the Premier League. So with that aspect, we cannot fight. So they have something that makes it unique. “I know that I knew that feeling when we arrived here and for a long time we didn't win the Premier League, or a long time not because with Manuel and Mancini they did it, but for our era I would say one at a time, but in the first I know how you feel it, and that is something that we cannot play against, so that's why we had to focus on the way we had to play.”

Connor Humm

241,805 просмотров • 5 месяцев назад

Today, I want to make it clear to everyone that we are moving away from our current description as a “stablecoin app”. We are not building a stablecoin app, we are not building the next big neobank or crypto neobank, it's not a money app, not a crypto exchange, not a global Venmo, not the on-chain Robinhood, or even not a financial app, NO, none of that. This is not about the tech, the financial rails, or a financial category. This is my life's work. And my commitment, our commitment, is to build the opportunity app. UGLYCASH the opportunity app
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Today, I want to make it clear to everyone that we are moving away from our current description as a “stablecoin app”. We are not building a stablecoin app, we are not building the next big neobank or crypto neobank, it's not a money app, not a crypto exchange, not a global Venmo, not the on-chain Robinhood, or even not a financial app, NO, none of that. This is not about the tech, the financial rails, or a financial category. This is my life's work. And my commitment, our commitment, is to build the opportunity app. UGLYCASH the opportunity app

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Today, I want to make it clear to everyone that we are moving away from our current description as a “stablecoin app”. We are not building a stablecoin app, we are not building the next big neobank or crypto neobank, it's not a money app, not a crypto exchange, not a global Venmo, not the on-chain Robinhood, or even not a financial app, NO, none of that. This is not about the tech, the financial rails, or a financial category. This is my life's work. And my commitment, our commitment, is to build the opportunity app. UGLYCASH the opportunity app

Gabo

58,151 просмотров • 7 месяцев назад

"These 140 companies are effectively making a bet that the Clarity Act does not pass" "The way this is structured, all that revenue going to the issuer, Tether or Circle, will go to the companies utilizing it as they use it. That make all your money on the float model is what they're trying to kill" "The Genius Act codified into law that the issuers aren't allowed to pass on yield to customers. But once it leaves the issuer and goes to someone like Coinbase, they can right now do rewards and pass that on. That's where the banks are freaking out. Jamie Dimon and all of them think that same thing should be banned" "So 140 companies are taking advantage of what many see as a loophole. If the Clarity Act passes with the current language, that prohibition gets extended to Coinbase and all the third parties beyond the issuer. I was at 5% chance Clarity Act passes. These 140 companies that probably know more than me are clearly making a much more compelling bet"
2:32

"These 140 companies are effectively making a bet that the Clarity Act does not pass" "The way this is structured, all that revenue going to the issuer, Tether or Circle, will go to the companies utilizing it as they use it. That make all your money on the float model is what they're trying to kill" "The Genius Act codified into law that the issuers aren't allowed to pass on yield to customers. But once it leaves the issuer and goes to someone like Coinbase, they can right now do rewards and pass that on. That's where the banks are freaking out. Jamie Dimon and all of them think that same thing should be banned" "So 140 companies are taking advantage of what many see as a loophole. If the Clarity Act passes with the current language, that prohibition gets extended to Coinbase and all the third parties beyond the issuer. I was at 5% chance Clarity Act passes. These 140 companies that probably know more than me are clearly making a much more compelling bet"

The Wolf Of All Streets

87,755 просмотров • 2 месяцев назад

Tomorrow, we publish a new The Edge Podcast with Robinhood GM of Crypto, Johann Kerbrat. This clip might be the clearest articulation I’ve ever heard on why Ethereum's roadmap is working, and why Robinhood chose to build its own L2 using Arbitrum. + Ethereum offers security, with proven decentralization + New L1s = centralized databases + EVM liquidity is essential for tokenized stocks & RWAs + Arbitrum’s tech stack wins on engineering merit No edits. No spin. Just a major U.S. fintech explaining why they’re building the future of finance on Ethereum. Real validation for those of us who are long term Ethereum/ETH investors. Here is the clip and transcript for Johann answering why Robinhood chose to build its own Ethereum L2: "You see a lot of companies right now building their own L1. And for us, we felt excited about this idea where we can control anything that we want to build and we don't have to deal with any other chain to talk to or anything like that. But at the same time, creating the security of a real proper decentralized chain is extremely difficult, as you know. And we basically get that for free with Ethereum. The network has been going on for a very long time now and the security is stable and it's decentralized. And I think that's really the key two points that we wanted to have. When you look at some of these new L1s that are being created, it's not really decentralized and it's not really secure. So at the end of the day, you're basically having like a... fancy database that is probably a bit slower to use than an actual database. And so we didn't really see the value in that. With Ethereum, we get the security by default. The second thing that we get by having an L2 is that you get all this liquidity that is already part of all the EVM compatible chains. And that was also a very important decision factor for us. If we really want to bring the stock market onto the chain, we need to have this liquidity. It's not going to be possible if it's in a closed loop or in a closed chain that nobody can access and you need to have like 20 different hoops before you can bridge to that chain. So for us, that was kind of the two elements that we really wanted to focus on and that's why we decided on building on Ethereum. And then we decided on Arbitrum mostly because we love the technology. There's a few things that we are excited about. For example, Stylus. It's a way that we can basically use different language into the chain and we can build on top of that. We also like the way that they prioritize transactions that is, we think, a better way than some of the competition. And so basically we'll use the Arbitrum stack and we'll create our own L2, which will make us also compatible with all the Arbitrum chains. And so we think it's kind of the best of all the worlds. But for us, the idea is like we will start with public stock, and then we think that we can tokenize anything really, not just stocks. It can be private stock, it can be art, it can be real estate, whatever you want to think of. And so we really wanted to have a platform that is kind of easy to build on and we can keep adding on it. At the same time, we know that regulation are going to be hard on some of these products, especially when it comes to financial products. You always have different regulators. You have different rules depending on the region. If you're in the EU versus the US versus LATAM. And so we felt like we wanted to have our own layer that we could customize for these needs. And then anyone that is building on the chain will also be able to benefit from what we are building, versus just putting everything in a contract that will be just good for the people that are using the Robinhood contracts. But so at this point, we announced the chain in June. We are in private test right now, and then we'll do more announcements in the future." Subscribe for the full episode tomorrow! ► Newsletter: ► Spotify: ► Apple: ► Youtube: ► Pods:
3:27

Tomorrow, we publish a new The Edge Podcast with Robinhood GM of Crypto, Johann Kerbrat. This clip might be the clearest articulation I’ve ever heard on why Ethereum's roadmap is working, and why Robinhood chose to build its own L2 using Arbitrum. + Ethereum offers security, with proven decentralization + New L1s = centralized databases + EVM liquidity is essential for tokenized stocks & RWAs + Arbitrum’s tech stack wins on engineering merit No edits. No spin. Just a major U.S. fintech explaining why they’re building the future of finance on Ethereum. Real validation for those of us who are long term Ethereum/ETH investors. Here is the clip and transcript for Johann answering why Robinhood chose to build its own Ethereum L2: "You see a lot of companies right now building their own L1. And for us, we felt excited about this idea where we can control anything that we want to build and we don't have to deal with any other chain to talk to or anything like that. But at the same time, creating the security of a real proper decentralized chain is extremely difficult, as you know. And we basically get that for free with Ethereum. The network has been going on for a very long time now and the security is stable and it's decentralized. And I think that's really the key two points that we wanted to have. When you look at some of these new L1s that are being created, it's not really decentralized and it's not really secure. So at the end of the day, you're basically having like a... fancy database that is probably a bit slower to use than an actual database. And so we didn't really see the value in that. With Ethereum, we get the security by default. The second thing that we get by having an L2 is that you get all this liquidity that is already part of all the EVM compatible chains. And that was also a very important decision factor for us. If we really want to bring the stock market onto the chain, we need to have this liquidity. It's not going to be possible if it's in a closed loop or in a closed chain that nobody can access and you need to have like 20 different hoops before you can bridge to that chain. So for us, that was kind of the two elements that we really wanted to focus on and that's why we decided on building on Ethereum. And then we decided on Arbitrum mostly because we love the technology. There's a few things that we are excited about. For example, Stylus. It's a way that we can basically use different language into the chain and we can build on top of that. We also like the way that they prioritize transactions that is, we think, a better way than some of the competition. And so basically we'll use the Arbitrum stack and we'll create our own L2, which will make us also compatible with all the Arbitrum chains. And so we think it's kind of the best of all the worlds. But for us, the idea is like we will start with public stock, and then we think that we can tokenize anything really, not just stocks. It can be private stock, it can be art, it can be real estate, whatever you want to think of. And so we really wanted to have a platform that is kind of easy to build on and we can keep adding on it. At the same time, we know that regulation are going to be hard on some of these products, especially when it comes to financial products. You always have different regulators. You have different rules depending on the region. If you're in the EU versus the US versus LATAM. And so we felt like we wanted to have our own layer that we could customize for these needs. And then anyone that is building on the chain will also be able to benefit from what we are building, versus just putting everything in a contract that will be just good for the people that are using the Robinhood contracts. But so at this point, we announced the chain in June. We are in private test right now, and then we'll do more announcements in the future." Subscribe for the full episode tomorrow! ► Newsletter: ► Spotify: ► Apple: ► Youtube: ► Pods:

DeFi Dad ⟠ defidad.eth

62,600 просмотров • 9 месяцев назад

Martin Masser from ChangeNOW says the institutions that left crypto for AI are planning to come back "Are we going to have another alt season? Are alts going to be what they are? I don't know. I think there's a lot of confidence that's been taken out." "When was the last token launch you saw? Honestly, can you remember the last time we had a token launch?" "Even then, if we exclude meme coins, I think altcoins are definitely not what they were going to be." "I definitely think there is a lot more, I don't want to say adoption, but a lot more openness to these discussions. 3-4 years ago you'd just have the door slammed in your face." "Now it's X bank, Z bank, they're all wanting to integrate this software. And they're opening it up. All of these little integrations, like accepting stablecoins, that then makes the whole ecosystem stronger." "I'm not doing predictions, but a lot of the liquidity will flow back in to where we were. Speaking to a lot of these institutions, they've gone out of crypto into AI." "And they do feel that when AI sort of cools down, where's that money going to be coming back into? Is it going to be gold? Is it silver? Is it going to be crypto?" "A lot of them are like, we're just putting it out there for the IPOs and we're coming back. A lot of people have been saying that. So that gives me a lot of confidence." "And look, the biggest marketing you can have is a big green candle."
2:04

Martin Masser from ChangeNOW says the institutions that left crypto for AI are planning to come back "Are we going to have another alt season? Are alts going to be what they are? I don't know. I think there's a lot of confidence that's been taken out." "When was the last token launch you saw? Honestly, can you remember the last time we had a token launch?" "Even then, if we exclude meme coins, I think altcoins are definitely not what they were going to be." "I definitely think there is a lot more, I don't want to say adoption, but a lot more openness to these discussions. 3-4 years ago you'd just have the door slammed in your face." "Now it's X bank, Z bank, they're all wanting to integrate this software. And they're opening it up. All of these little integrations, like accepting stablecoins, that then makes the whole ecosystem stronger." "I'm not doing predictions, but a lot of the liquidity will flow back in to where we were. Speaking to a lot of these institutions, they've gone out of crypto into AI." "And they do feel that when AI sort of cools down, where's that money going to be coming back into? Is it going to be gold? Is it silver? Is it going to be crypto?" "A lot of them are like, we're just putting it out there for the IPOs and we're coming back. A lot of people have been saying that. So that gives me a lot of confidence." "And look, the biggest marketing you can have is a big green candle."

The Wolf Of All Streets

29,107 просмотров • 3 дней назад

Why Republican senators who backed the Clarity Act are now opposing it "Not only did Polymarket and Kalshi all jump into the 20% chance the Clarity Act passes, but if you look at what's being said, I'd say the odds have actually decreased, even though this first vote is being proposed. Why? You have seven Republican senators, three or four outright, and a few listed by the Blockchain Association and others, now saying it's safe to poke their heads out and oppose the Clarity Act" "All these Republicans, a bunch that were supposed to be voting for it, have come out saying I don't really like that this doesn't protect community banks, and there's going to be deposit flight. All the old narratives we were seeing from Jamie Dimon and JP Morgan" "Now that they realize this thing is unlikely to pass, they're like, we need to go earn that bank lobby money we've been collecting, and stick our heads out and say we oppose this. Not because of the ethics or the new things, back to the old stablecoin yield argument"
0:56

Why Republican senators who backed the Clarity Act are now opposing it "Not only did Polymarket and Kalshi all jump into the 20% chance the Clarity Act passes, but if you look at what's being said, I'd say the odds have actually decreased, even though this first vote is being proposed. Why? You have seven Republican senators, three or four outright, and a few listed by the Blockchain Association and others, now saying it's safe to poke their heads out and oppose the Clarity Act" "All these Republicans, a bunch that were supposed to be voting for it, have come out saying I don't really like that this doesn't protect community banks, and there's going to be deposit flight. All the old narratives we were seeing from Jamie Dimon and JP Morgan" "Now that they realize this thing is unlikely to pass, they're like, we need to go earn that bank lobby money we've been collecting, and stick our heads out and say we oppose this. Not because of the ethics or the new things, back to the old stablecoin yield argument"

The Wolf Of All Streets

40,687 просмотров • 1 месяц назад

Should Christian Nationalism and Catholic Integralism be taken seriously? Ben Sasse answers. “‘Should they be taken seriously?’ I mean, ultimately I think no — but I want to be humble about how and why we get there.” “Can people who are skeptical of a lot of Enlightenment assumptions be reasonable in making those cases? Of course. I'm pretty sympathetic to a lot of what the Enlightenment offered us in response to many of the things that had just come before. But that doesn't mean that the Enlightenment is at all a foretaste of heaven.” “I think there is a temptation right now to have an over-realized eschatology where people want to find a city that has foundations. ‘Right now, dang it, I'm ready to build it and I want it to be better and I want it now. And I want to smash the people who are in the way of it’ is tonally the way a lot of these folks talk.” “But philosophically, having a debate is one thing and claiming that they're doing practical politics is quite another. So I think it is important, without us, you know, trying to answer a lot of these questions, to at least acknowledge there are Catholic claims about integralism that a lot of Protestants seem to pine for and lust after without working through — what would that really mean?” “I just look at a lot of the debates of the last two months about women's suffrage and I just kind of want to shake my head and say, ‘Man, this is a weirdo online phenomenon.’ There is no chance on earth that any of these folks who are advancing some sub-varieties of Christian nationalism are actually thinking there's math by which they're going to end women's suffrage. And yet they talk like it. Because online, it seems really provocative to say things like that. And I don't really know what it's worth to linger on some of these silly online debates.” Watch: Listen:
2:27

Should Christian Nationalism and Catholic Integralism be taken seriously? Ben Sasse answers. “‘Should they be taken seriously?’ I mean, ultimately I think no — but I want to be humble about how and why we get there.” “Can people who are skeptical of a lot of Enlightenment assumptions be reasonable in making those cases? Of course. I'm pretty sympathetic to a lot of what the Enlightenment offered us in response to many of the things that had just come before. But that doesn't mean that the Enlightenment is at all a foretaste of heaven.” “I think there is a temptation right now to have an over-realized eschatology where people want to find a city that has foundations. ‘Right now, dang it, I'm ready to build it and I want it to be better and I want it now. And I want to smash the people who are in the way of it’ is tonally the way a lot of these folks talk.” “But philosophically, having a debate is one thing and claiming that they're doing practical politics is quite another. So I think it is important, without us, you know, trying to answer a lot of these questions, to at least acknowledge there are Catholic claims about integralism that a lot of Protestants seem to pine for and lust after without working through — what would that really mean?” “I just look at a lot of the debates of the last two months about women's suffrage and I just kind of want to shake my head and say, ‘Man, this is a weirdo online phenomenon.’ There is no chance on earth that any of these folks who are advancing some sub-varieties of Christian nationalism are actually thinking there's math by which they're going to end women's suffrage. And yet they talk like it. Because online, it seems really provocative to say things like that. And I don't really know what it's worth to linger on some of these silly online debates.” Watch: Listen:

Sola Media

39,223 просмотров • 2 месяцев назад