Damus
Marty Bent profile picture
Marty Bent
@MartyBent
Prediction: The GENIUS Act does way more harm than good for stablecoin markets and turns into a classic case of “be careful what you wish for”.
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The Dog · 30w
Who TF cares about stable coins, what’s the purpose of it anyway.
The Dog · 30w
BITCOIN ONLY
stacktoshi 🚀 ∞/21m · 30w
Of course it will, it's an Act, right? Patriot Act. Make Health Care Affordable Act. etc. But if the goal is dollar dominance and finding buyers of treasuries, then what can the harm be for Americans, or to issuers/users?
cactus blossom · 30w
You could just delete everything after “The GENIUS Act does way more harm than good”.
GigaBTC 🌽⚡️🔑 · 30w
💯
TallBrian · 30w
Yep
TBH · 30w
Prediction: Genius Act doesn’t do shit and we all live happily ever after.
The Stacker Monster · 30w
sounds about right
Brisket · 30w
I don't have any need for stablecoins at the moment. I can't see how this isn't good for Bitcoin adoption in the long run.
BitLo · 30w
Likely
royster⚡️🌲🌽🗽 · 30w
We need a RETARD Act stat
Bill Kazmeir · 30w
seems net negative for Tether
btconboard #LNHANCE or #CTV · 30w
Regulatory clarity is here, and it’s annoying af
JustinErtia · 30w
Is the plan for GENIUS to induce Dollar Milkshake to maintain hegemon?
Noisy signal · 30w
Agreed. Stablecoins pegged to fiat and the Treasury bills no one wants to buy. Just a backdoor to keeping USD in front . Sorry, not happening . Who wants to buy American debt?