freud
11.5K posts

freud
@eucataclysm
founder. analytics engineer. formerly @coinbase

Why are we wasting time with a new stablecoin yield proposal? There is already a path to provide yield on Digtial Assets by becoming a bank (an insured depository institution, IDI) and having the required safety and soundness standards to take people's money and invest it to drive yield. Trust Banks shouldn't be able to offer yield on ANY asset. Please do not lower the standard from having to be an IDI to be able to provide yield on any assset. The current mark-up works for everyone except a few. If those "few" want to offer yield on digital assets like stablecoins they should apply for a Bank IDI license not ask the Senate to lower the standard to safeguard the American people's money. @SenatorTimScott @SenLummis @SenThomTillis @SenateGOP @SenateBanking @patrickjwitt




Today, we closed our latest funding round with $122 billion in committed capital at an $852B post-money valuation. The fastest way to expand AI’s benefits is to put useful intelligence in people’s hands early and let access compound globally. This funding gives us resources to lead at scale. openai.com/index/accelera…

JUST IN: OpenAI’s internal projections reportedly show the $122,000,000,000.00 they raised today gives them as little as 18 months of operational runway before they need to raise again.

Batman (1966) was so unserious 😭

‘Did you see that Davos speech? And heated rivalry?’ 😑






Would YOU support this all-star lineup in the 2028 U.S. election? Why or why not?


Thailand is the best country in the world I like it all: 🇹🇭 culture 🇹🇭 people 🇹🇭 food 🇹🇭 nature 🇹🇭 affordability & comfort 🇹🇭 freedom Name a better country, I’ll wait














