🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/
✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI
❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
👕 BUY BANKLESS TEE: https://merch.banklesshq.com/
-----
GO BANKLESS WITH THESE SPONSOR TOOLS:
⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO
https://bankless.cc/ledger
🚀 ZERION - INVEST IN DEFI FROM ONE PLACE
https://bankless.cc/zerion
💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith
🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU
http://bankless.cc/yearn
------
Ethereum vs The STABLE Act | Rohan Grey
Rohan Grey is an assistant professor of Law at Willamette University, an Advisor to politicians including Rashida Tlaib, and one of the authors of the STABLE Act, which wants to impose Federal Bank Chartering upon any stablecoin issuer.
Interesting, this proposed legislation includes entities like Square's Cash App or PayPal! Anything that offers a claim on 1 Dollar is cited by this law.
Rohan and the STABLE Act appear to be an outgrowth of the rise of MMT and the power and ability of the state to solve economic problems like poverty and joblessness. Rohan wants to protect 'money', which he believes is a public institution that needs protecting!
Also interestingly, the goals of the STABLE Act and DeFi are highly similar, yet are opposing in their strategies for achieving these goals.
Tune into the conversation to learn about a diversity of perspectives regarding how to protect money!
The STABLE Act:
https://tlaib.house.gov/media/press-releases/tlaib-garcia-and-lynch-stableact
Coin Center's comment on the STABLE Act:
https://www.coincenter.org/the-unintended-consequences-of-the-stable-act/
------
Don't stop at the video!
Subscribe to the Bankless newsletter program
http://bankless.substack.com/
Visit the official Bankless website for resources
http://banklesshq.com/
Follow Bankless on Twitter
https://twitter.com/BanklessHQ
Follow Ryan on Twitter|
https://twitter.com/ryansadams
Follow David on Twitter
https://twitter.com/TrustlessState
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case