Anyone in the crypto industry wants to come at me, feel free. Fwiw, I have spent 20 years in showbiz, I can take a punch. Just a couple words of advice:
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don’t miss.
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BUT WHAT IF IT GOES UP IN PRICE LATER??? DID YOU THINK ABOUT THAT?!?!!!?!?
(but seriously--I totally agree that crypto needs more oversight and some cleaning up! I also think it presents huge opportunities for payments, underbanked, equitable access, and marketstructure.)
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On Tether's recent Spaces conversation, one defense given for not providing public transparency into their reserves was that their customers purportedly aren't demanding it. As one of their larger customers, do you believe claimed crypto benefits are hindered by their opacity?
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Lol “crypto sucks! But I’m in the *payments* business.” Keep trying to workshop that one.
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This makes no sense. The only opportunity crypto offers, illegal transfers of funds, would go away with more oversight. As far as more equitable access, how exactly does crypto provide this? It's a speculative asset. Are the poor lacking in investment opportunities?
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This just isn’t true. In countries like Turkey or Venezuela where inflation is wiping out people’s savings, crypto is a safe haven that can’t be seized by corrupt governments. It’s borderless, and won’t be inflated away by irresponsible monetary policy.