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Ayo

@ayo

54 Following
40 Followers
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Ayo
@ayo
Hey folks: I’m organizing a stablecoin conference in Feb. Hyper focused on real world use cases (and in particular the people at banks/on finance teams at large multinationals who will one day use stables daily, but haven’t really interacted with them yet) https://averystableconference.com/
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Been thinking a bunch about stablecoins and the implications of them holding us Treasurys I think it’s likely that stables become the biggest holder of us gov bonds within a few years https://writing.kunle.app/p/stablecoins-are-helping-create-a?r=3qrzv&utm_campaign=post&utm_medium=web
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Super open to feedback. Already have folks from Amazon, visa, Expedia, bridge, brale and others attending (and working on more) Dm me or sign up for an invite
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Ayo pfp
Ayo
@ayo
Hey folks: I’m organizing a stablecoin conference in Feb. Hyper focused on real world use cases (and in particular the people at banks/on finance teams at large multinationals who will one day use stables daily, but haven’t really interacted with them yet) https://averystableconference.com/
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Simultaneously might mean that 1. USD remains the reserve currency for a generation 2. Crypto institutions have meaningful influence over treasury
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Ayo pfp
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@ayo
Been thinking a bunch about stablecoins and the implications of them holding us Treasurys I think it’s likely that stables become the biggest holder of us gov bonds within a few years https://writing.kunle.app/p/stablecoins-are-helping-create-a?r=3qrzv&utm_campaign=post&utm_medium=web
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Link?
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https://writing.kunle.app/p/revisiting-common-problems-with-banking?r=3qrzv&utm_campaign=post&utm_medium=web
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I remember talking to a friend in mid 2020 and how it felt like the most number of humans were working on a single objective (covid) Smaller scale but LK99 feels similar
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Oooh link?
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So so bad. Oakland’s has a warning “please verify this is your property before paying” Which is crazy
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Wrote about - how JPMChase does not care about your deposits - the perception of insolvency = insolvency - retail deposits are not sticky anymore - All deposits are functionally insured - SVB lost more deposits in 2 days ($42bn) than Wachovia in 3 weeks ($19bn) https://t.co/hW1FiIODBT https://i.imgur.com/x0k73Pb.jpg
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Wrote a bit about bank portability (or how to make sure your fintech startup can survive if your bank tries to fire you) https://kunle.app/dec-2022-bank-portability.html
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Definitely lacks people in his circle who are willing to tell him the truth
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I use this https://us.ecoflow.com/products/delta-2-portable-power-station You can solar power them and chain multiple as well depending what you need
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Children of time is a recent favorite (and the sequel, children of ruin, is excellent)
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Until you make universities partially liable, higher Ed costs will continue to spiral. Right now they benefit by default and endure no burden for students not being able to pay
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