BendDAOの‌価格BEND

If NFTs really are about to make a comeback then I feel like $BEND should be a great play here. Sitting at $1.5M vs $1.5B ath. 🤷 #1000x

RT @Bruidbtc: JUST IN: $DOG on his way to be crowned as the top $DOG. Every testnet Dog will bend the knee.

Bend the knee or time to move on BULLISH

RT @VictorTaelin: One of Bend2's many targets will be Ethereum's EVM. Should I post updates about it here?

Your money isn’t cash. It’s a spreadsheet entry. And the only thing that makes it “safe” is your faith in the U.S. government—and its nukes. Chase pays you 0% on your deposits. And yet you park your money there like it’s Fort Knox. Why? Because Chase is safe. And why is Chase safe? Because if they mess up—if their risk team faceplants into a pile of mortgage-backed swords—you know the Fed will show up like an overprotective dad. Chase is systemically important aka "too big to fail". This was proven in 2008, and reaffirmed in 2023 with SVB. The Fed will bend reality to prevent consumer panic. So your money is safe not because it's physically stored in a vault—but because you trust the U.S. government to uphold the system. Your balance is an entry in a massive .csv file somewhere. That’s it. That’s the whole thing. "But it’s insured!" Yes. Up to $250k. By another line item on another government spreadsheet (another can of worms on FDIC). What backs the dollar? Not gold. Not oil. Just a massive military, a debt ceiling crisis every 18 months, and the belief that this time is not different. So what's safer than a number on a spreadsheet? Gold, you say. But do you own gold? Probably not. You own GLD, an ETF. Which is a claim on a trust that holds gold bars in a vault you’ll never visit. GLD isn't gold. It's paper gold. But markets have collectively shrugged and said, "close enough." This is why arguments like “Robinhood tokenized OpenAI shares aren’t real stock!” are sort of hilarious. Neither is your gold. It’s all abstractions on abstractions. Now about stablecoins. Why does TradFi media dunk on stablecoins? These too are ledger entries. These too are backed 1:1 by dollars or Treasuries. But we're new, and we disrupt the century old banking equilibrium. Btw ever stopped to think about checking vs savings accounts? They're not different technologies. Just an arbitrary label that says: “This account can move fast but earns zero.” “This one earns 0.01% but takes 2 days.” It’s like the bank looked at your money and said: “You can have access or yield. Pick one.” On-chain finance won't play that game. We are building yield-bearing checking accounts, aka Liquid Savings Token Which, if you're a traditional bank, is terrifying. Stablecoins, bank deposits, or GLD: whether it lives on a Fed server, a Solana wallet, or inside a Delaware trust holding gold bars in London… …it all comes down to belief. Faith, nukes, and spreadsheets. The holy trinity of fiat. 💵🔫📄