Where finance and media intersect with reality.
Below is an AI-assisted summary of today’s wide-ranging Spaces chat on the implications of the Terraform Labs lawsuit against Jane Street, and broader peg-based systems.
Fintech leaders told MPs that unless the U.K. backs a competitive sterling stablecoin regime, dollar-denominated stablecoins could dominate future payments systems.
Why shrinking central bank balance sheets is not an option when financialisation quietly drives every incremental unit of GDP.
A bank industry briefing to ECB officials in November last year warned that euro stablecoins may struggle to scale without central bank support.
Legally obligating companies to grant displaced workers equity equal to a year’s salary would spread AI’s windfall, without resorting to UBI.
The legal complaint against Jane Street offers a provocative new interpretation of the Terra Luna collapse, suggesting insider insight — not just structural flaws — may have driven the depeg.
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