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TheBitcoinManual
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2025-02-19 15:53:54

TheBitcoinManual on Nostr: Shitcoins have been flatter than flat, AI tokens haven't done much to excite the ...

Shitcoins have been flatter than flat, AI tokens haven't done much to excite the gamblers, and memecoins and CrimeFI only cater to a small cohort of scam-blers

So get ready for a whole bunch of yield farming as stablecoins go ahead and compete with one another, I'm pretty sure this starts with oh we the short term paper we hold we will pay back via some staking pool on other chains and later it will turn into oh we mixing our bond returns with a bunch of other shit and now suddenly its diversified and we're no longer paying 3-5% but we're paying 15%+

And then it all goes tits up!

Got my popcorn ready, this should be fun!

https://www.pymnts.com/cryptocurrency/2025/tether-co-founder-reeve-collins-backs-new-stablecoin-project/
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