“The battle has just begun.”
Strive CEO @ColeMacro says daily dividends are a zero to one innovation.
As such a groundbreaking product, they’re the opening shot in a much larger fight to come: digital credit vs. the banking system.
His argument:
• Daily dividends make digital credit more competitive with checking accounts, money market funds, and stablecoins
• Banks successfully blocked yield-bearing stablecoins
• Digital credit can offer yield today under existing securities laws
• If enough capital moves, it could create a “run on the banks” style shift away from traditional deposits
The banks won't sit still while deposits flow to a better product. They'll take the fight to Congress to protect a moat built on customers having no alternative.
Link to full interview in post below.
We’re Looking For An AI Video Creator
Working on a Bitcoin project and looking for someone who can create high quality AI-generated video content.
Interested in a paid freelance opportunity?
Reply below or send a DM with examples of your work.
the college premium is going away
Tufts grad (#36) and a DePaul grad (#169) today get the same number of interview callbacks -- even though there is a 300 point SAT difference between graduates.
@TeddyBitcoins When you compete with a man at the highest levels of competition, you see into their soul.
When you witnessed his conviction firsthand you knew it was unmatched.
When he finally sold, you had no choice but to follow.