1/ One of the most fascinating conversations happening on crypto twitter right now: on a global scale, what matters more - anti-inflationary crypto-fiat stability, or cryptocurrencies that are truly immune to seizure by hostile forces?
cfr.org/interactives/g…
cfr.org/interactives/g…
2/ The conversation was prompted by the @multicoincap boys who, whether you agree with them or not, can spark a debate like pretty much no one else. In short, they argued that crypto-fiat like Gemini Dollar will suck a huge amount of oxygen out of the room
3/ Unsurprisingly, more than a few people were like “WTF Mate?”
4/ A key part of their argument was that, around the world, demand for exposure to the *stability* of the dollar exceeds demand for the un-seizable nature of something like Bitcoin.
5/ This is an interesting conversation not so much because it highlights a right or wrong perspective, but because the need for cryptocurrency can be so real, so legitimate, and so different in different contexts.
6/ In college, I was sure I was going to work in post-conflict zones. I visited the Balkans as Montenegro was voting for independence; learned from Israeli-Palestinian youth peace groups in Ramallah; and created a study abroad program about child soldier reconciliation in Uganda.
(For a ridiculous throwback - this is a group of us who had been studying in Cairo with a group of Syrian students we met at the top of the Krak des Chevaliers crusader castle in ~November 2004.) 
7/ My senior history thesis (which is somehow still online) was about how American aid to Biafra - the first mass US citizen int'l humanitarian movement - unintentionally prolonged the conflict and in fact enabled more harm, despite all good intentions. scribd.com/document/57717…
8/ In both library studying and going out and rubbing my nose in it, there was one thing that stood out across all those settings: while there are some ways to be helpful from the outside, the only true long-term solutions for problems comes from those experiencing them.
9/ I am incredibly excited about these crypto-fiat-style innovations that make stable global money easier to use for everyone. I think @TusharJain_ and @KyleSamani's arguments about the impact of Gemini Dollar are well thought out and interesting to consider.
10/ But the idea of a global digital asset that truly cannot be forfeit, cannot be compelled, and cannot be seized no matter what vagaries of history one finds oneself in is something that captures my imagination like nothing else.
11/ Read this thread from Eric, and then keep building. You never know how important what you build might one day become.
(12/ One more note - this piece by @La__Cuen definitely got me thinking about this earlier this week as well - )
