He may actually be right. Stable coins will be a giant market. No more 3% fees from Visa/Mastercard. But ETH (yes, I think it’s garbage, too) is proof of stake, right? The more you own, the more confidence/share of the security of the chain you have. ETH has the corner market of stable coins, that’s for sure.

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ETH's a middleman

There doesn't need to be one

ETH gets in the way

#haiku

The federal government will sell treasury bonds to stable companies.