Chamath argues that US stablecoin payment rails will be hugely disruptive and value-additive to GDP by making payments instantaneous and costless while cutting fraud, calling it one of his top predictions for the year.
I think a set of stablecoin rails that makes payments instantaneous and costless is an enormous acceleration to GDP. It would cut fraud. And I think that David's going to go and figure that out.”1:49:05