Patrick Collison

I think the interesting use of stable coins is cross-border, is outside the US. I mean, the big use case that's taking off right now is consumers in other countries seeking to hold dollars.

Card programs are not actually big profit pools for most of the major banks... And maybe other points in that space are viable, but it is a set of trade-offs, and it's not as simple as this enormous rent extraction happening.

So I think it's a really big deal, certainly for people in those countries, and in some sense also for the US, because the dollar status as the world's reserve currency, I think is in the process of becoming much more deeply established.

NVIDIA, last I checked, is doing pretty damn well, and Jensen is on the record as saying he doesn't give a shit about where you work... And so I guess I'm just skeptical of flat shoulds in this space.

as far as I can tell, the cuts proposed over the next couple of years for the Defense Department are of approximately the same magnitude as the reduction in the defense budget that occurred between 2010 and today. And so it's not like this is some unprecedented transformation in DOD budget.

judging by the tweets that I see, there are a lot of ticker symbols and charts and prognostications about future price trajectories and so forth that lead me to think that people are placing somewhat more weight on the asset and security value of these

I don't know if you analogize Evo 2 to, I don't know whether it's GPD 2 or 3 or something, but I think we're going to see a similar Cambrian explosion of applications over the next couple of years.