[joshtbradley]

Would you consider Stripe and PayPal also interested in speculative investment/trading? They seem responsible to me. Also, stablecoins aren’t speculative. Cryptocurrencies absolutely are. But stablecoins are pegged to USD, hence “stable.”

I think you’re right to criticize crypto as a techno-elite project. However I think stablecoins have a legitimate use case for billions of people who don’t have access to good banks, or a stable currency, and can’t afford traditional fees. IMO it’s one of the best things to come out of crypto.