Who TF cares about stable coins, what’s the purpose of it anyway.

BITCOIN ONLY

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?

You could just delete everything after “The GENIUS Act does way more harm than good”.

💯

Yep

Prediction: Genius Act doesn’t do shit and we all live happily ever after.

sounds about right

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.

Likely

We need a RETARD Act stat

seems net negative for Tether

Regulatory clarity is here, and it’s annoying af

Is the plan for GENIUS to induce Dollar Milkshake to maintain hegemon?

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?