if you're one of those "stablecoins will increase the dollar's power!" people just realize you're on the same team as this dude

incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

Criticism of Bessent or the stablecoin bill?

History, tech stuff, SEO/marketing, shitposting, etc. etc.

just consider them all to be crooked

stablecoins are DOA when it comes to furthering cypherpunk goals, I'll never celebrate them

certainly doesn’t further cypherpunk goals but why not okay to support good gov policy?

Yeah I think it’s good policy. I like cypherpunk values but I’m not sure what the goals are exactly, I don’t see the downside of this bill

imo the bill, if implemented, would be used to implement versions of stablecoins that are far crappier than what we have now

it's the government, they don't know how to introduce legislation to a free market without creating backdoors to tilt the scales in favor of people with access