I appeared on the People by WTF episode 24 with Brian Armstrong, CEO of Coinbase, the largest custodial crypto platform. The interview was hosted by a self‑identified crypto critic who has never bought Bitcoin, never held a stablecoin, and never traded a perpetual futures contract.
India is the biggest crypto country on the planet by users.
Brian wants India to issue a digital rupee as a stablecoin.
AI concentrates wealth in a few companies.
India’s crypto tax.
I noted that stablecoin yield is roughly 90 % to users and 10 % retained by issuers, and that the founder seed check was about USD 150,000, while cross‑border remittances are on the order of USD 150 billion per year.