Oddbean new post about | logout
 Jesus Christ man

They don't even have an MTL; they build the protocol. 

Look at the who already has MTLs and that's who will compete for that market.

Core devs vs exchanges

 
 You have outlined my nightmare better than I could with the vision of 'integrating [Tether and Trons] crypto dollars' onto bitcoin. I don't consider it a symbiosis with Bitcoin to mimic stablecoins through taproot assets and offer those as global currencies by asking governments of oversight. All provided by Tether and Tron of all projects! This is so far away from what I think Bitcoin is and should be, I don't even consider the 'Bitcoin is for enemies' argument anymore. Tron has a good enough network I suppose, nicely regulatable, what's wrong using it for this enterprise? 
The revolution eats its children, the old scammers will be cut down for a new generation when this Frankenstein goes online. But that's just my skeptic mindset..