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Reposted by Disco Central Banker

Tuffy @smtuffy.bsky.social · 5h

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Disco Central Banker @centralbanker.bsky.social · 10h

Tell your colleagues to update their report @aldasoro.bsky.social

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Disco Central Banker @centralbanker.bsky.social · 10h

Oh yeah stablecoins don’t have the elasticity function of money?
Explain this

Techmeme @techmeme.com · 16h

Paxos says it "mistakenly minted" $300T worth of PayPal's PYUSD stablecoin on Wednesday and "burned" the tokens a little over 20 minutes later (Ryan S. Gladwin/Decrypt)

Main Link | Techmeme Permalink

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Disco Central Banker @centralbanker.bsky.social · 1d

Oh yeas, more than the Meta chatbot

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Reposted by Disco Central Banker

Tuffy @smtuffy.bsky.social · 1d

For my sins I’ve had to read up on the state of crypto regs recently and it would be really helpful if there was at a common naming convention for the various token types.

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Disco Central Banker @centralbanker.bsky.social · 1d

Meta and OpenAI recruiting the smartest minds of our generation

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Reposted by Disco Central Banker

Tuffy @smtuffy.bsky.social · 1d

The pivot from “I’m building god” to “I’m building a jerkoff tool” is pretty funny

Reuters @reuters.com · 1d

OpenAI to allow mature content on ChatGPT for adult verified users starting December reut.rs/3J8NTAi

OpenAI to allow mature content on ChatGPT for adult verified users starting December

OpenAI will allow mature content for ChatGPT users who verify their age on the platform starting in December, CEO Sam Altman said, after the chatbot was made restrictive for users in mental distress.

reut.rs

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Disco Central Banker @centralbanker.bsky.social · 1d

Taking a quick detour to build the kinky bots, then back to curing cancer.

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Reposted by Disco Central Banker

Tuffy @smtuffy.bsky.social · 3d

For all the obvious reasons?

Financial Times @financialtimes.com · 3d

Why peace in the Middle East may still be elusive on.ft.com/4n2gG7G | opinion

Why peace in the Middle East may still be elusive

A ceasefire and hostage release are cause for celebration. But big questions remain about the rest of the Trump plan

on.ft.com

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Disco Central Banker @centralbanker.bsky.social · 3d

Laugh in U.S. War Department

Tuffy @smtuffy.bsky.social · 3d

For all the obvious reasons?

Financial Times @financialtimes.com · 3d

Why peace in the Middle East may still be elusive on.ft.com/4n2gG7G | opinion

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Disco Central Banker @centralbanker.bsky.social · 4d

Quitting social networks to restart sending letters

Guan Yang @guan.dk · 4d

France's postal service rolls out croissant-scented stamp 🥐

France's postal service rolls out croissant-scented stamp

France has launched a croissant-scented stamp to celebrate its emblematic flaky pastry, its national postal service, La Poste, announced on Wednesday.

www.france24.com

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Disco Central Banker @centralbanker.bsky.social · 5d

Unsolicited Rick pic

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Disco Central Banker @centralbanker.bsky.social · 6d

There is a world where Bashar is carrying SBF out of bronze elo.

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Disco Central Banker @centralbanker.bsky.social · 6d

That’s my average thoughts about BCBS 248

Michael Derby @michaelsderby.bsky.social · 6d

Conservative tech lord Thiel said tighter financial regulations “were a sign that a singular world government has begun to emerge that could be taken over by an Antichrist figure who could then use it to exert control over people.” Via WashPost

Inside billionaire Peter Thiel’s private lectures: Warnings of ‘the Antichrist’ and U.S. destruction

In leaked recordings of private lectures by tech billionaire Peter Thiel he argued that “the Antichrist” is likely to take the form of a critic of technology.

www.washingtonpost.com

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Disco Central Banker @centralbanker.bsky.social · 6d

The international hierarchy of money [Updated]

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Disco Central Banker @centralbanker.bsky.social · 6d

“Si vis pacem, para bellum” taken literally

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Disco Central Banker @centralbanker.bsky.social · 7d

This is still my view

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Disco Central Banker @centralbanker.bsky.social · 7d

Sean didn’t spend 25 years working in custody just to miss out on the bunker life in the post-apo.

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Disco Central Banker @centralbanker.bsky.social · 8d

Mandela effect done right

Reposted by Disco Central Banker

Nikki Coates @nikkicoates.bsky.social · 8d

[niche content] I’m on my way out of payments regulation but I am glad that there is challenge to the BIS view out there because I’ve been watching well-respected people attempt to determine operational payments matters with reference only to monetary policy theory for a while

Disco Central Banker @centralbanker.bsky.social · 8d

I’m thrilled to announce my new ECB working paper on singleness of money and fungibility of stablecoins with other payment instruments! 🍾

Some BIS colleagues argued that stablecoins fail the singleness of money test… and the FT had this amazing quote…

But I disagree!

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Disco Central Banker @centralbanker.bsky.social · 8d

@tobyn.bsky.social

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Disco Central Banker @centralbanker.bsky.social · 8d

If you’re into stablecoins and payments, check out my new paper

Full paper: www.ecb.europa.eu/pub/pdf/scpw...
(clicking helps my stats )

If you think your network might find it interesting, please follow, like, and RT !

www.ecb.europa.eu

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Disco Central Banker @centralbanker.bsky.social · 8d

If above preconditions for accomplishing fungibility for tokenised funds/off-chain collateralised stablecoins are fulfilled, and if the on-chain collateral can be readily converted into higher level money whereas algorithmic stablecoins are not fungible means of payments.

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Disco Central Banker @centralbanker.bsky.social · 8d

Based on the above tokenised funds and off-chain collateralised stablecoins are fungible means of payments under some conditions, and on-chain collateralised stablecoins can be prima facie classified as fungible means of payments…

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Disco Central Banker @centralbanker.bsky.social · 8d

Business interoperability is the easiest.
You can only consider two stablecoins as interoperable (and interoperable with bank deposits) if they all offer similar rights (e.g. no redemption fee, right to immediate withdrawal…

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