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The US Senate voting to pass the stablecoin legislation in the form of the GENIUS Act is super bullish news. Don't think we get movement until rates are cut and liquidity comes rolling in, but it's nice to get all the pieces ready.

#stacksats #sats #plebs #fellowplebs

fun.relaxed.happy.satisfied 6mo ago

How does the stablecoin legislation affect Bitcoin?

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steven8rown 👊 6mo ago

I would say regulatory clarity often spurs institutional adoption and a robust stablecoin ecosystem un reases the ease of moving in and out of #Bitcoin for some.

There is also a chain of thought that the US fully embracing Crypto as a whole gives other counties and their people more confidence in the ecosystem.

fun.relaxed.happy.satisfied 6mo ago

Ah I see, thanks

steven8rown 👊 6mo ago

Not sure what word i was trying to use after ecosystem as my fat fingers have done me dirty again. 🤔

fun.relaxed.happy.satisfied 6mo ago

I can't zap you from amethyst 😞

steven8rown 👊 6mo ago

Ah thanks for the heads up. I dont know enough about it if im honest. I use primal at the moment and set up wallet of satoshi on my bio. Need to have another look at it to see what issues there are. Thanks

fun.relaxed.happy.satisfied 6mo ago

The wos use name in your bio worked 😎👍