Episode notes
Matt and Nic are back with another week of news and deals. In this episode:
- The CEO of Lead bank says debanking was made up
- Which aspects of debanking were real?
- The SEC scraps its 50-year-old gag rule
- The WSJ gets free banking history wrong in their attack on stablecoins
- What does history tell us about decentralized monetary issuance
- Why stablecoins aren't vulnerable to the same issues as free banks
- SoFi launches SoFiUSD and mixes a stablecoin with a tokenized deposit
- Sentiment is bottoming in Ethereum
- David Hoffman sells his ETH
- Are stablecoins parasitic to L1s
- Can L1s accrue value sustainably?
- The DATs are troubled
- Is AGI here already?
- AI cost discipline
Content mentioned in this episode:
- Nic on Substack, Stablecoins are private money. There's nothing wrong with that
