fintech_eng

Yeah, I think I got a little lost with mention of the side dishes in my comment. Point is, I'm on these medications and when a 12 oz ribeye comes out from a restaurant, I don't feel any need to eat all of it. I often eat less than half or split it with my spouse

I know a stomach ache is coming if I do.

Absolutely nothing, if you only eat a few ounces. But a lot of places will server you a 12 oz ribeye steak which has 900 calories all by itself. Add on a side of french fries and a sugary beverage and you get a days worth of calories in a single sitting.

When you are on a GLP medication, commonly your digestion slows and will make you really prone to constipation and acid reflux. I've learned to eat just 3-6 ozs when I do steak, and generally opt for the veggies instead of the potatoes now. Feel much better in the morning.

Indeed, there are even SaaS companies that will set it all up for you! I recently went through rounds that had a pretty blatant basic IQ test. I pushed back many times but the recruiter insisted it was required. I eventually complied, but it felt weird. I worry now my IQ score is in some database forever attached to recruiter's candidate profiling systems.

its also very easy to reproduce. i have more findings than i know what to do with

They’re not really meant to go up in value.

The main use is just having something dollar-like that you can move around easily. That’s useful outside the US, but also for plenty of people inside the US depending on what they’re doing; especially businesses that have a hard time getting or keeping normal banking (cough gambling, porn, weed cough).

They’re handy inside crypto since you can move in/out of other assets without touching a bank. And sometimes you can earn yield on them, which is part of the appeal (with the usual “this can blow up” caveats).

Also, there’s a reason every company wants to launch one: if you control the stablecoin, you get the float and the rails. That’s a pretty nice business if people actually use it.

If you already have solid access to USD and don’t care about that flexibility, they’re less compelling.

But yeah, not risk-free at all (depegs, issuer risk, etc). And honestly there probably isn’t much real need for dozens of slightly different stables beyond the business incentives.