On the recordJuly 7, 2020
It is a marketing challenge, but I would argue that it is an enormous marketing challenge, asking sort of everyday Americans to trust two entities, Big Tech and Government, that naturally we don't trust.
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congress.govIt is a marketing challenge, but I would argue that it is an enormous marketing challenge, asking sort of everyday Americans to trust two entities, Big Tech and Government, that naturally we don't trust.
Gonzalez discusses the difficulty of gaining public trust in tech and government.
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Quality of reserves, liquidity, transparency, redemption rights, these are the sorts of things we should be talking about when we are talking about well-regulated stablecoins.
You also said that you are in favor of a world where we have coexisting alongside of each other, CBDCs and stablecoins.
So, like, let's build a transmission tie there to move all of that great wind out of Iowa into Chicago that is going to need it, especially with their new goals.