Tom Bilyeu

If you're one of them, this is a must, but that's a monopoly or a cartel.

So,

This is not power that we want to give to the banks or the politicians.

Okay, people really can be evil dickheads, but that's just me.

Let's hear directly from Brian Armstrong himself.

He's got a banger clip.

X is down.

Nice.

All right, I'll sum it up in a second.

Let me take a sip.

Yeah, bro.

Listen, if we could, where we're at, we've looked at this like a thousand times and right now it is demonstrably worse than the internet that we can get otherwise.

And we have to upload so much stuff.

Unfortunately, it just doesn't work for us right now.

Satellite internet just historically isn't very fast.

I think eventually they'll solve that problem, but they have not solved it yet.

All right, G, we giving up or we got it?

Okay.

So basically the punchline is from Brian Armstrong that he understands precisely why this is happening, that banks need to stop stable coins from being able to issue interest.

People are calling it rewards, that sort of new language, but understand it is simply an interest payment because what they're doing, this is where this drives me crazy.