
FiveAlpha
289 posts

FiveAlpha
@fivealpha
Portfolio Management Fund Manager Absolute Return Investment Derivatives Commodities Crypto Enthusiast Think Different Invest Differently




I don't comment directly on regulation much but I would like to flag an emerging regulatory battle that is happening in D.C. The soon-to-be revealed stablecoin markup apparently has requirements to shut off access to the treasury market to centralized international stablecoin issuers - which is straight up batshit crazy This is a blatant attempt at regulatory capture by U.S. players done at the expense of U.S. national interest - please tell me how limiting access to hundreds of billions of dollars of demand for treasuries helps us preserve dollar hegemony across the globe, or fix our debt problem. The largest stablecoins today are built overseas, and the largest source of demand is overseas - this is not changing no matter what. The net effect of a continued hostile regulatory stance towards stablecoins will only be to regulate ourselves out of the picture like Europe with AI. The future of stablecoins can be U.S. dollar based only if we allow a broader competitive set of stablecoin issuers to flourish and deny gatekeeping/gaslighting by those interested in regulatory capture








Falcon 9 lifts off for the 75th time from pad 4E in California!

Si può essere contrari agli Ordinals fin che si vuole, ma una persona che si definisce "massimalista" di Bitcoin, termine che dovrebbe implicare un forte atteggiamento libertario, che aiuta a far passare una legge che li rende illegali, mi sembra decisamente incoerente. Max Keiser, per chi non lo sapesse, è residente fisso in El Salvador e advisor del Pres. Bukele.









