Teresa Goody Guillén
👤 PersonAppearances Over Time
Podcast Appearances
just show a fundamental misunderstanding of how either business works or how blockchain works.
And then there is also the allegation about Binance and that stake that MGX paid in USD 1 for.
of Binance and that somehow that shows some relationship and that is Binance and CZ giving the president money.
And that also shows a fundamental lack of understanding of how
stablecoins work and what the business model is, because that's similar to saying that you buy wheat from me and you pay in a Swiss franc and therefore I'm investing in Swiss francs and I'm paying to play with the politicians in Switzerland.
you know, that doesn't make any sense.
And that's the same.
It's exactly the same thing that's being argued here.
So it's these fundamental misunderstandings.
And then I think oftentimes people who understand how kind of ridiculous these allegations are, they don't
defend them as strongly as you might otherwise because they don't make any sense.
But then the people who don't understand how it works continues to repeat them over and over again, and then it continues to snowball.
And so I feel like that's what we've seen here.
And you're very smart.
And it's exactly, it is on other chains.
And that's another point too.
And other exchanges hold it.
And so if you're going to say that it's on...
that some other exchange has it.
And therefore, everybody should be arguing that they're giving the president money and they're doing these horrible things, but they're not, right?