Sam Kamani
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Podcast Appearances
It's like no one wanted to.
I mean, you become a joke.
like you know that guy who bought pizza for 10 million dollars or something so that's why it's like um no one wants to it's a great asset to hold buy and hold but not a great asset for transacting value and for that's why i think stable coins are great um any asset that devalues over time is great for transacting it away and spending it so that's very very true so
That's the key problem on, I mean, even the name itself suggests that, you know, wiring money back in the days used to wire money and hence Wirex.
There are lots and lots of services that say that they allow people to transfer or send money through stable coins or spend money using stable coins.
What's so unique about Wirex?
That's very true.
It's not easy.
What would you say is driving the most adoption now?
What features of Wirex would you say are most sort of loved features?
Yeah.
I think this whole industry is going to change of the credit cards and cards.
Everything is going to change in regulation.
Like, I don't know if you heard recently in US, they're talking about capping the interest rate to 10%.
And I don't know how banks or other financial institutions that have relied on that interest rate from credit cards, that have relied on that income from credit cards, how they're going to cope or how they're going to
stay relevant in with that.
So that'd be a very interesting new sort of thing to see.
I mean, what are your thoughts on that?
Yes, that's very true.
Yes.