David Hoffmann

They say in a bank deposit, your deposit is insured up to 250k by the federal government.

But with a stablecoin wallet, your money is not insured by the federal government.

Number two, the bank lends out your deposit for mortgages, business loans, and other types of borrowing, whereas with stablecoin wallets, the coin issuer invests the money in financial markets, often buying bonds.

The bank shares a portion of the proceeds with your interest, whereas with stablecoins, in most cases, the coin issuer keeps all the proceeds.

That one is completely inverted.

It was basically the whole thing was kind of like a FUD about stable coins.

And there's a whole list of things.

Like, first of all, the idea that your money is not insured by the federal government, it's T-bills, bro.

How about this?

In most cases, the coin issuer keeps all the proceeds, whereas the bank shares a portion of your proceeds with you with interest.

0.15% in my Wells Fargo account.

This is a really bad article, but this is- It's a terrible article.

It just seems like a hit piece.

It's their own thing, too.

It's not they're not integrating Polymarket or Kalshi.

It's Gemini's own prediction market that they're growing from home.

I saw this around.

I can't believe you got so much clout for this meme, David.

It's incredible, actually.

So your tweet is up to how many views?