250 year-old country acting like an 18 year-old with a credit card. In about 100 years we should have a real job and start paying our college debt. In 200 years we should be buying our first house and starting the family. Hopefully it doesn’t take 500 years for us to sit back and sip in margaritas in retirement.
Nah, multiple generations of different decisions would change mortality and genetics enough that this could only happen at the beginning of the human race but over time all the genetic would be different. You might have some people who meet and marry the same person as in other dimensions but each person decisions would randomize procreation.
@WatcherGuru And watch as the price on exchanges does not change whatsoever. I’m really looking forward to the day that exchanges can’t manipulate the price anymore, if that day ever comes.
Can ANYONE explain when the BANKING INDUSTRY has the ability to VETO Legislation?
I must have missed that part in my political science classes...
Given the damage they've done to the nation and the TRILLIONS in bailouts they've received, it is unconcsionable they have that power.
The deceit here is that it is not the paying of yield on a balance per se that necessitates bank-like regulations, but rather the lending out or rehypothecation of the dollars that make up the underlying balance. The GENIUS Act explicitly forbids stablecoin issuers from doing the latter. Stablecoins ≠ Deposits.