At yesterday’s hearing, she was asking the deputy treasurer questions about if a validator is in Iran, somehow that means Iran is making millions of dollars. Now, you and I and everybody reading this knows that a validator could be anywhere. It could be in Iran, it could be anywhere else in the world. That’s what’s a decentralized distributed ledger system is. But a validator doesn’t get cash. If anything, a validator could get paid in the native asset of the network, whether it’s Bitcoin or Ethereum, but then you have to have an off-ramp. And the off-ramps and on-ramps are the exchanges, and they already comply with AML/KYC.
Is Gold the Only Safe Haven Left? US Dollar: About to Surge or Spiral? | by JIN | The Capital | May, 2025
Behind the bond chaos lies a deeper tension — between fiscal excess, inflation, and a fragile belief that the US...