This freelance journalist is back on the market!
I have five years of experience with bylines in VICE, Business Insider, and Fortune. I have written on a range of topics like technology, culture, and crypto.
See below for some of my best stories 👇
7/ One thing is for sure - we’ll see future financial crises, but there’s nothing set forth in this argument that leads me to believe that stablecoins stand to be the source of that instability.
Upward.
3/ Thirdly, I’m suspicious of claims that stablecoins ‘might’ be vectors of instability in the financial system. To date, I haven’t seen evidence that crypto writ large has posed a risk to the stability of the financial system or economy.
2/ The argument that stablecoin adoption ‘hasn’t happened yet’ is principally due to stablecoins being purposefully excluded from the tradfi ecosystem until very recently. There’s been effectively zero opportunity for mainstream adoption to date.
Lots to say about this piece in today’s Journal, but I’ll pick a few:
1/ It's a fallacy to compare stablecoins to privately-issued ‘private’ money of the 1800’s. That’s like comparing stablecoins to memecoins in today’s market context. Apples<>oranges.
https://t.co/GrTbE4gYQC
crazy amounts of energy being invested in building the trade-everything app. reminder: we had this with FTX in 2021. FTX collapse and OCP2.0 easily set us back 5 years, but they created the runway we have today.
Hundreds of billions of dollars settled, billions of dollars in trading volume, and millions of monthly active users.
An EVM chain with Wall Street performance is no longer theoretical, it's real, and it's called @SeiNetwork