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I just saw an interesting statement from Ric Edelman that made me reflect. Essentially, he says that cryptocurrency shouldn't "die on the hill" of stablecoin yields. It's a viewpoint worth paying attention to because it touches on a fundamental debate in the industry.
Think about it: in recent years, we've seen increasing focus on the returns that stablecoins can generate, almost as if they have become the main focus of crypto innovation. But Edelman seems to suggest that this could be limiting for a broader vision of cryptocurrencies.
It's like we're designing the cars of the future by only looking in the rearview mirror. Stablecoins have their important roles—liquidity, stability, access—but reducing the entire value proposition of cryptocurrencies to just stablecoin yields could cause us to lose sight of deeper innovation.
The key point that emerges is that crypto should continue exploring much broader applications and use cases. We shouldn't allow the narrative to be reduced to a single aspect, no matter how profitable it may seem in the short term.
It's a perspective I agree with—blockchain technology has potential far beyond simple yield farming. What do you think of this vision?