Yep, I mean regulated with respect to who's allowed to offer and hold digital accounts in the currency. Circle itself may not do anything too funky, but big chunks of USD then get stored elsewhere online for banking-like activity in a way that wouldn't be legal with USD — right?
Let me help explain whether blockchains are useful or not: They're not.
The US gov let Circle be a less-regulated bank than other banks. This is called "regulatory arbitrage". You can take advantage of it by checking the box that you have a "blockchain".
Stripe noticed "wow, things labeled blockchain are nice for some people to use" because of this dumb inconsistent banking regulation situation.
Stripe doesn't mention that the underlying tech is impotent, they just have to play along, and here we are.
What if you want an HTML-first page with a canvas in it, but then you realize you want some layout/styling for the text within the canvas? Seems unnecessary to propagate that situation up to the type of top-level page.
Important to note that Stripe has NOT announced any crypto/blockchain/NFT products or tech of its own.
The only news here is that Stripe is letting crypto companies use their various fiat processing services, now that they feel comfortable that they can legally do so. Confirmed by pc's comment [1]
Yes, most founders still get the order of operations wrong and build too much before understanding a problem. I actually think [1] the term "MVP" gives people a misleading idea of a lean startup, because you don't need a "product" per se to serve your first 10 users.
Can you link to a specific rocket booster that was reused? Doesn't count if it's a retrorocket helping slow down some capsule that also has a parachute.
Without Elon Musk, do you think humanity would currently be in possession of reusable rocket boosters? (Regardless of Page and Brin's accomplishments.)