I wrote the below post on my on-again / off-again blog at http://www.arhaik.com on March 29, 2020 Thinking about the $2 Trillion economic package that the US Federal government has recently authorized had me thinking about how that “money” gets used to stimulate the economy. And my first level of analysis was, inflation. That wasContinue reading “Inflationary Recession = Buy Hard Assets”
Author Archives: sgleahy
Circle’s Jeremy Allaire Answers 2 Infrastructure Questions
Good Questions, great answers.
Will the Revolution Be Seen?
Recent interpretive letters from the Office of the Comptroller of the Currency (OCC) make clear that Federally-regulated banks can hold reserves for stablecoin issuers. Some of the top line restrictions will be that the stablecoins have to have a 1:1 fiat-to-stablecoin reserve that is validated each day, and that those stablecoins must be in hostedContinue reading “Will the Revolution Be Seen?”
Digital Asset Payment Rails
Growing a mainstream user base is far more important than the frothiness of the current DeFi craze. I sincerely hope there will be lessons learned from DeFi in it’s current iteration (a bunch of food-themed versions of collateralized lending) and that the valuable lessons will then be applied to the next round of Digital AssetContinue reading “Digital Asset Payment Rails”