Small comment about the "Stable Coins": > $136b worth of stablecoins have been issued to date but the opportunity seems much more immense still. Only about seven million people have transacted with stablecoins to date, while more than half a billion live in countries with 30%+ inflation. U.S. banks hold $17b in customer deposits which are all up for grabs as well. And yet the major stablecoin issuers can be counted o…
Thanks for the note. Did not know about SDR.
YC: Requests for Startups
581–582 of 582 posts
Re: YC: Requests for Startups
#582Earlier quoted context omitted.
> that one cannot force manufacturing processes into existence through sheer will That worked for russia but somehow doesn't work in the west? I mostly lack experience in defense tech beyond being a user but ime it often doesn't work as well as the certificate (which probably cost a lot of effort to obtain) states it does. I'm of the opinion that we need to radically rethink our approach here if we hope to deter or w…
The Russians certainly did scale up as you say, but there are underlying issues that have remained with them. Captured equipment has shown issues, some of which are potentially fatal to the user. The quality of work is poor and leads to a high failure rate. They do, however, make plenty of them - which has an advantage. Go to the war museum and look at any soviet tank built between 1940 and 1945, the welds look terri…