Lukas Ruppert
@lxn
YC's view on Stablecoins: Midwit take or first-principles thinking? I believe YC is correct that stablecoins and RWAs will be a megatrend - the opportunity is presented accurately. I like their digital music analogy - but it's based on the wrong narrative... Meme from @mdudas
2 replies
0 recast
1 reaction
mdudas
@mdudas
yeah, the meme was more about their lame take on non-stablecoin parts of crypto
1 reply
1 recast
3 reactions
Lukas Ruppert
@lxn
100% agreed on this one. The "Crypto doesn't represent ownership in something real and valuable, so representing $USD ownership is the way" narrative missed the mark. Still - very bullish on stablecoins being cryptos' first killer app.
0 reply
0 recast
0 reaction
