Banks and regulators and Wall Street all think we still need banks. The more you learn about digital assets, the more you learn how obsolete banks are. The layers of risk management at these institutions is completely legacy based on flawed assumptions about how lending generates liquidity from over 100 years ago before computers. Compliance is not an issue - the banks of tomorrow are lower risk, lower cost, better service, and matched compliance. Bitcoin and stablecoins and lending platforms is all you need.
Banken und Regulierungsbehörden und die Wall Street denken alle, dass wir immer noch Banken brauchen. Je mehr Sie über digitale Vermögenswerte lernen, desto mehr lernen Sie, wie veraltet sie sind. Die Schichten des Risikomanagements in diesen Institutionen basieren vollständig auf überholten Annahmen darüber, wie Kreditvergabe vor über 100 Jahren, bevor es Computer gab, Liquidität erzeugt. Compliance ist kein Thema - die Banken von morgen sind risikoärmer, kostengünstiger, bieten besseren Service und erfüllen die Compliance-Vorgaben. Bitcoin und Stablecoins und Kreditplattformen sind alles, was Sie brauchen.
Heading out of DC this morning after dinner with @realDonaldTrump last night. We've had a wave of strong wins for the crypto industry already this year, thanks to his leadership, and we've put America back into the leadership role for the future of finance and capital markets.
There is more work to do, and this week we are calling on Congress to continue their support for crypto by passing the GENIUS Act, which brings clarity to business, safety to users, and strengthens the dollar globally. This is a unanimously positive bill for crypto voters, and crypto voters will remember your support.
Additionally, yesterday brought our first updated look at the market structure bill which we hope will ultimately pass this year also.
It's time to BUIDL with confidence and safety!
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