This gentleman says all the BANKS want is a LEVEL PLAYING FIELD with stablecoin issuers.
GREAT!
Stablecoin issuers are required to maintain 100% liquid reserves,
so let the BANKS start right there. ⚖️
The crypto bill is stalled because banks won't back the White House compromise, because they don't want to compete with DeFi.
Why should someone deposit into a bank when they can earn 4% on stablecoins?
These are the same banks that close accounts for Bitcoin businesses.
They don't fear crypto. They fear transparency they can't control.
The banks built a moat around finance and called it "consumer protection."
The central bank monopoly is coming to an end, they’re just trying to delay the inevitable.
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.
NEW: Trinidad Chambliss has agreed to a new deal with Ole Miss pending his eligibility waiver request being granted, @RossDellenger reports🦈
Chambliss is seeking a 6th season of eligibility.
https://t.co/IyXIEi55AU