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The American Bankers Association sent a panicked email to every bank CEO in America on Mother's Day.
Their problem? The Clarity Act might let Americans earn real yield on stablecoins instead of the 0.04% your checking account pays.
They called it a "loophole." Watch the language. They mean "competition."
Here's what nobody fighting this is saying out loud: both sides want you on permissioned money. Banks want your deposits trapped at zero. Stablecoin issuers want them trapped at five. Either way, your money lives in someone else's database, subject to someone else's terms, frozen by someone else's keystroke.
Bitcoin doesn't have a deposit. Bitcoin doesn't have an issuer. Bitcoin doesn't have a CEO writing panicked Mother's Day emails.
The fight neither side is having: the right to hold your own savings.
Self-custody is the only exit from the current game.


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