Thanks to everyone who supported me and contributed ideas over the past nine months! Here’s where I think we are and where we’re going:

First, my philosophy: The purpose of government is to set frameworks that allow each of us to safely pursue our own version of happiness. Government should *expand* freedom, not constrain it.
Banks and other corporations are supposed to respond to demand by providing those things people want and are willing to pay for.
But sometimes institutions decide people’s ideas or economic choices are wrong, and then try to suppress those ideas or choices.
Hence decentralization: an *open* internet and an *open* financial system put power back in the hands of the actual people for whose benefit government and corporations are supposed to exist.
Also unbundling: why is it that only banks, and not fintechs or anyone else, have access to the payment rails? Europe has figured this out —why can’t we?
I’m incredibly optimistic that our big, brawling, risk-taking, dynamic country will continue to lead and succeed — but not by protecting powerful incumbents. Success will come from disruptive ideas that are scary today but expected and even necessary tomorrow.
Crypto? Scary to some today but necessary tomorrow as M1 money supply goes to the moon.
DeFi? Scary to some today but necessary tomorrow as some banks start telling you what you can and can’t do with your own money.
Stablecoins? Scary to some today but necessary tomorrow if we want the dollar to remain a competitive global medium of exchange.
Nondepository banks? Scary to some today but necessary tomorrow if we want the economy to grow and consumers to be protected.
Be well everyone and don’t be strangers. After a short sabbatical, I will be back in touch!

More from Government

I am going to take the context for this thread from this piece by my good brother @mabziz in 2018-3 years ago. One thing I am so perturbed about is the response of our Attorney General's office to issues of state security. I have no personal grouse against @MalamiSan, but


2. I do have a professional grouse against him. I feel he is not alive to his duties. I feel that he is also not empowering his Director of Public Prosecutions or his Solicitor General. There is clearly a lot that befuddles me and this is because I am a seasoned lawyer and can't/

3. understand why law is not being used as the instrument it was designed for-to enforce law and order. Let us take the case of Nnamdi Kanu-this man was arraigned in Nigeria on a charge of treason/treasonable felony-he was on bail & he jumped bail. Why has he not been extradited?

4. Is it that Kanu is somehow bigger than Nigeria? What has happened to his surety who failed to produce him? Who is prosecuting him? Our Federal Ministry of Justice? Should Malami not explain to Nigeria why Nnamdi Kanu is still taunting Nigeria daily & still actively destroying/

5. our unity everyday. He is putting the lives of many people at risk and stoking ethnic dissent easily. The Fulani herdsmen dilemma, the burning of Lagos State and his coordination of same on phone-in radio channels, his videos are all stoking a Yoruba/Igbo carnage. Same with/

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