Just so we're all clear in the future.
If an L1 chain king makes a stablecoin and violates credible neutrality in order to capture some T-bill yield for token holders - it's a fintech company not a property rights system.
I know it's fashionable to think neutrality doesn't matter but over the long term it's the only thing that matters.
If an L1 chain king makes a stablecoin and violates credible neutrality in order to capture some T-bill yield for token holders - it's a fintech company not a property rights system.
I know it's fashionable to think neutrality doesn't matter but over the long term it's the only thing that matters.
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