David Simons

Tech and things

[David Simons @Fraizinger]

@josephdelong @KulipaXYZ They are certainly facing financial difficulties, I can confirm as a customer. It’s not typical of an M&A transaction only.

[David Simons @Fraizinger]

@Bfaviero @itamarl @0xshei Yes

[David Simons @Fraizinger]

@forgebitz @anzolabs to fix this

[David Simons @Fraizinger]

@denisyurchak Classic tale:

[David Simons @Fraizinger]

@UnruggableGG Classic behavior. You should try @anzolabs

[David Simons @Fraizinger]

@proofofnathan Trillions

[David Simons @Fraizinger]

@nic_carter Incredibly based

[David Simons @Fraizinger]

@DDinkelmeyer @Corkprotocol are, good guys

[David Simons @Fraizinger]

@JasonYanowitz MoonPay x Helio is likely done in mostly overvalued MoonPay equity, wouldn’t read much into it

[David Simons @Fraizinger]

@0xNFTy That ain’t it chief

[David Simons @Fraizinger]

@ruima Do we know any markets outside of China where this being tried?

[David Simons @Fraizinger]

@phildaian Few people are really thinking about how to make this truly scalable, but there is a way

[David Simons @Fraizinger]

@markus_ But how do you actually make uncensorable p2p scalable and a good user experience? All the solutions right now have horrible UX

[David Simons @Fraizinger]

@CryptoHayes And they said it was a stablecoin, completely depegged

[David Simons @Fraizinger]

@jonbma @anymlabs

[David Simons @Fraizinger]

(4/4) The Big Picture

Revolut vs. Stablecoins are two approaches to the same problem: creating an efficient unified global payments network

Centralized or decentralized—which way is better anon?

[David Simons @Fraizinger]

Two futures for finance are emerging:

1️⃣ Centralized, led by @RevolutApp
2️⃣ Decentralized, powered by stablecoins

But here's the kicker — they’re not so different. 👀

Let’s break it down. 🧵

[David Simons @Fraizinger]

(3/4) The Key to Stablecoin Adoption

The challenge: on/off-ramping.

To compete with Revolut, stablecoins need:
✔️ Global interoperability to fiat rails
✔️ Liquidity across long-tail of markets
✔️ Cost-efficiency

Crack this, and you’ve got decentralized rails that rival any centralized system.