stablecoins buying treasuries will help keep bonds strong. Soon they will be the largest buyer and soon after that the largest holder.

US economic collapse not happening yet.

😆 VISA is the largest payment network in the world:

• "promoting" them or not will make exactly zero difference.

• Are you saying you don't have a debit or credit card?

• It's about dropping the *dollar,* not VISA. VISA doesn't counterfeit entire countries worth of money every month, they just do bank cards and retail payments.

While some people are selling BlackRock bought 520 #bitcoin the last 3 trading days.

How do you even compete with Apple? They have a vertically integrated stack from privacy preserving silicon to ai tech. I thought apple was going downhill, but now with private-cloud and ondevice intelligence, it makes my linux box + typing into chatgpt look like a joke.

Does that mean the person who bought it has actual lettuce hands?

yes bitwise is launching an ethereum etf

i'm bitcoin first but not bitcoin only and if that's upsetting i'll take the heat. replies / dms open.

fwiw i think bitcoin and ethereum are completely different things. i know it can be super annoying when eth maxis are like "eth is even more sound than bitcoin!" but nobody takes that seriously. bitcoin is undeniably king as decentralized non-government money and that's not really up for debate

imo the question is around whether bitcoin wants to swallow the full range of public computing needs or leave room for the non core use cases (everything outside of sovereign money). i mean, stablecoins are undeniably a thing. non-custodial trading (uniswap) is also undeniably a thing.

i'm very happy that bitcoin hasn't morphed to make any of those things too easy on bitcoin. making stablecoins easier means making general token issuance easier. making non-custodial trading easier on bitcoin means more MEV risk on bitcoin. i'm happy that those experiments are playing out outside of bitcoin. maybe where i differ with many bitcoiners is that i am happy that those experiments are still happening.

anyways, happy to discuss this more. didn't want to seem like i'm hiding from this issue.

Thanks to everyone who joined us tonight for the May Harlem #Bitcoin meetup. We covered a lot of material, met some great new people, and, we hope, planted some seeds. 🧡🌱

Slavery.

Break out!