pull down to refresh

@MaxAWebster had an Interesting concept that STRC maybe becomes a backdoor stable coin
The thought of STRC out completing the US Treasury and then becoming a target for regulation. Is something I had not thought of.
Clip:
Full Episode:
Time Stamps: 0:00 Music, running Baker Beach, pullups @ PB 7:09 Matt's live vibe coding demo at Builder meetup. 10:28 Vibe coding/prompting; as entertainment, Bitcoin stack, product ideas. 21:46 Builder meetup recap and future ideas, Bitcoin-based voting. 29:25 Goose; open source AI agent for coding by Block - get a grant and come work at PB! 40:42 Strategy's (MSTR) path to the most valuable company in the history of the world. 45:53 Strategy's (MSTR) STRC as a stablecoin play and implications. 50:40 Tokenization of MSTR instruments. 55:14 Stablecoin competitive landscape - Strategy checkmate move? 1:03:39 Bitcoin as a capital asset vs currency for everyday payments - vectors for capture. 1:11:58 2 year window before decentralization window closes? Centralization traps for Bitcoin holders. 1:16:24 Without use as everyday money, Bitcoin loses a lot of its long-term value? Treasury company catch-22. 1:22:12 Lightning payments increasing vs. ETFs/Treasury companies destroying demand for block space. 1:25:41 Long-term security solutions? Tail emissions from quantum vulnerable coins? Degens to the rescue? 1:31:00 Optimistic outlook on people building new things on Bitcoin
more or less, yeah. with automatic interest-rate kickback, which is what the stablecoins profit off arbitraging away/not paying off.
Pretty interesting.
reply
72 sats \ 0 replies \ @OT 16h
Right... It IS a Bitcoin backed dollar.
Has it even launched yet? We have to see how popular it becomes. Institutions should be skeptical about paying out such a high interest rate.
reply