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Leister

๐Ÿ‘ค Speaker
1620 total appearances

Appearances Over Time

Podcast Appearances

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

There's no reason to do it.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

They killed the financial incentive.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

I suspect something similar happens.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

would happen have to happen here all driven by the banking industry the banking industry wants to hold that back which is why i said i'm not a fan of trying to make it like the banking industry crypto i mean because all this is exactly what i said was going to happen they're going to find it to be a threat at a point and then throttle it because the government is going to bow down to the banks remember too big to fail we're right back where we started again

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

Now, if the banks were smart and I stress this, if the banks were smart, they would actually embrace those yields.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

They would embrace that kind of concept.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

You're like, why?

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

Because think about it.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

If more people adopt stable coins.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

And the yields are allowed to be whatever they need to be.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

And the banks stay out of the way.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

The bank can offer their own version of a stable coin and control their own yield, compete on those grounds because it's cheaper for them to offer yields on the stable coin than it is on the actual cash assets.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

stable coins can then be used against the larger crypto market in this case bitcoin ethereum etc and you can generate way more money than you're able to do on the banking regular fiat side on the fiat side they might be invested in like real estate real estate has bubbles crypto has bubbles there's no different except that real estate's bubbles

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

are largely man controlled.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

We are the ones that make the bubble happen.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

When we lessen regulations, when we tighten regulations, we harm the market and we can't seem to hit that middle ground.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

So we wait until we're in a crisis of some kind, and then we drop the regs to get out of the crisis by, and then we cause another crisis.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

They can't rely on the Fiat sides stability anymore.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

Like they could have before that rhymes.

Crypto Talk Radio: Basic Cryptonomics
Russia Allegedly Throttling, Blocking Privacy-Focused Chat Apps, Mandates Its Own

But on the cryptocurrency side, the bubble is largely predictable.