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@ihtexyz.eth

144 Following
35 Followers


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@ihtexyz.eth
https://x.com/ihtexyz/status/1909571451956740601?s=46&t=-aSzpvoSS4NHC-7CyAGWWA
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@ihtexyz.eth
https://frame.weponder.io/api/questions/686b3365-5239-41f0-b5ac-f97d342fb8ff
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@ihtexyz.eth
Because of interoperability and tribalism in crypto
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Wow! ๐Ÿ˜‚
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I feel you have more and higher adoption neobanks in Europe than anywhere else. I don't have data to back this though. Just based on how many people I see using revolut or monzo
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The exciting part though is stablecoins are enabling: > Global talent to earn in dollars while staying local > Fintech innovation in cross-border payments/remittances > Banking services for the previously unbanked > New revenue streams for tradfi Every new stablecoin user strengthens the dollar's network effect. It's like social media for money - the more people use it, the more valuable it becomes. And all this dollar dominance is being driven by the very technology that was supposed to challenge it.
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While we talk about decentralization and breaking free from traditional finance, stablecoins are actually strengthening the USD dominance. ๐Ÿ‡บ๐Ÿ‡ธ While China and other BRICS countries are trying to reduce their dependence on the dollar, crypto innovation is creating millions of new dollar users through stablecoins. It's like the internet accidentally became America's most effective financial ambassador. If you're running a central bank outside the US, this is your worst nightmare. Your citizens can now access dollars without your permission, just by downloading a wallet. But if you're in US policy, this is a gift - stablecoins are creating new buyers for US debt exactly when traditional buyers are pulling back. 99% of stablecoins are backed by US dollars. Not euros, not yen, not yuan - dollars. This isn't random. It's happening because people worldwide desperately want access to stable US dollars, especially in countries with shaky economies.
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Stacks' Nakamoto upgrade shows us Bitcoin's security with L2 speed. Let me break down why this matters. The Stacks upgrade brings three game-changing features: - Full Bitcoin finality for L2 transactions - Lightning-fast block times (seconds instead of minutes) - Perfect synchronization with Bitcoin's chain Think about this: we're now getting Bitcoin's security with Solana-like speed. The network can't fork unless Bitcoin itself forks. There's over a trillion dollars in Bitcoin just sitting there, waiting to be put to work. While Ethereum has less capital, it's all productive - earning yield, powering DeFi, enabling innovation. Bitcoin? Not so much. The key insight isn't just about bridging Bitcoin to faster chains - it's about doing it the right way. Bitcoin holders are different. They care deeply about decentralization and want truly trustless solutions, not centralized bridges or wrapped tokens that require KYC. https://x.com/stacks/status/1851142979953500573?s=46&t=-aSzpvoSS4NHC-7CyAGWWA
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Why Uniswap's Bridge Choice Matters - Uniswap picked Across Protocol for their bridging needs instead of LayerZero. This is a bigger deal than it might seem at first. Think about it like this: When the biggest DEX in crypto needs to move tokens between blockchains, they'll choose the safest, most reliable option. They picked Across because it simply works better - it's more secure and efficient at moving assets across chains. While different protocols will keep competing to become the standard for blockchain bridging, Uniswap's choice sends a clear signal. They're betting their users' funds and reputation on Across's approach to bridging. In the world of DeFi, that's about as strong an endorsement as you can get. The key insight here isn't just who won this particular deal - it's what this tells us about where cross-chain infrastructure is heading. https://x.com/acrossprotocol/status/1849106135443202069?s=46&t=-aSzpvoSS4NHC-7CyAGWWA
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Nakamoto upgrade https://x.com/ihtexyz/status/1849901083134656897?s=46&t=-aSzpvoSS4NHC-7CyAGWWA
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Importance of USD-denominated stablecoins for adoption in payments https://x.com/ihtexyz/status/1849445903645696363?s=46&t=-aSzpvoSS4NHC-7CyAGWWA
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Always great reads by Casey!
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Memo from MrBeast. Great read https://drive.google.com/file/d/1YaG9xpu-WQKBPUi8yQ4HaDYQLUSa7Y3J/view
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True
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@ensdomains
Weโ€™re thrilled to announce that we are now supported on PayPal & Venmo! This new feature brings the power of ENS to millions, making crypto transfers easier and more secure than everโ€”starting in the USA.๐ŸŒ https://blog.ens.domains/post/bringing-crypto-transfers-to-millions-with-paypal-and-venmo
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Would be great to get feedback/thoughts ๐Ÿš€ https://x.com/ihtexyz/status/1828859268004544626
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I agree. I think bridging the gap between how DAOs and traditional governing bodies operate today is crucial https://warpcast.com/ihtexyz.eth/0x1a301bf9
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Just published a substack article, an Overview and Distinction Across Chains. Let me know what you all think! https://x.com/ihtexyz/status/1828468772791050371
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https://x.com/jon_hartley_/status/1827468486693527627?s=46&t=-aSzpvoSS4NHC-7CyAGWWA
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Hey, I recently shared my thoughts on data transparency and verification in DePin. ๐Ÿ” how verification mechanisms are crucial for trust and security in decentralized networks. ๐ŸŒ how data transparency enhances accountability, reduces risks https://x.com/ihtexyz/status/1827737939755045040
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