@Christo62152305@LongTimeHistory Thank God that Black father was present to light his ass up! Get tired and stay your ass in your house bc Black people tired of white no culture ass people.
@davidknight_eth@scottmelker Allowing yield on passive stablecoins does not prevent a smooth transition, especially when the banks can also offer the same yield.
A lot of people have completely lost the plot on CLARITY.
Some of you are so desperate to get a bill passed that you’re willing to let banks gut stablecoin rewards and call it progress. And now @brian_armstrong and @coinbase are the villains because they won’t accept it?
Be serious.
Yes, Coinbase benefits if stablecoin rewards survive. So do users. That’s the whole point. Everybody in this fight has interests. The difference is Coinbase’s interest here is aligned with users. The banks’ interest is making sure they keep the upside.
A lot of the people talking the most shit either forgot or never cared who’s actually been in the fight. Coinbase pushed for clear rules, took the SEC lawsuit, stood up for staking, funded key legal fights, and helped build real political pressure for this industry.
I want CLARITY passed too. But not like this.
We are not starting from zero here. Between the regulatory clarity we got this month and where GENIUS left things, this is not some accept-anything-now-or-get-nothing moment.
That’s what makes this so backwards. Crypto gets so desperate for the quick win that it starts helping the wrong side win the bigger fight.
@MasterHuzzah@coinbase@brian_armstrong@patrickjwitt I’m saying the banks have made millions off our money while paying us cents on the dollar, that needs to end. Politicians shouldn’t continue to support banks predatory practices. But, if the U.S. doesn’t allow passive yield, like most, I’ll just move it to UAE.
@MasterHuzzah@coinbase@brian_armstrong@patrickjwitt The banks have made millions off our money, why shouldn’t we? You’re say Coinbase is being selfish, what do you think the banks are doing? The politicians need to stand up for consumers, not the damn banks. That should be our demand, not silencing Coinbase. Their right!