Jacob Lee (jacoblee)

Yea same so much finger pointing. Worse way of navigating trouble imo.

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First Cast, banking is weird, credit system is weird. But we need to build credit on chain.

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If Fed and Fdic steps in USDC is CBDC. USDC is already a very freezable asset. We learned that holding USDC on chain is nothing like holding cash. Crypto people love the dollar, but doesnt want to comply with US laws. You can’t do both. Use eth and comply with eth law or use Dollar and comply with US laws.

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Are they SAFU? Or All-In Silicon valley?

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