The stablecoin fight is a proxy battle over who gets to be the next deposit‑taker in the U.S. financial system. The irony, however, is that, at the end of the day, crypto currencies are just not easy or practical to for everyday use. We've had a decade + of Bitcoin and other cryptocurrencies (ETH), where real-world experience has failed to catch up with the hype.

That tracks 100%. Last year it was like “wow, I can send a functional prototype instead of a spec!

OpenAI is a hubris-and-ego-driven cash incinerator, whose economics would look terrible even to a first-year business school student.