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[return to "Y Combinator will let founders receive funds in stablecoins"]
1. cj+ul[view] [source] 2026-02-03 19:56:56
>>shscs9+(OP)
This is intersting.

Occasionally in YC founder circles a new founder will raise a bunch of money and then ask something like "What's the best way to invest all the money our company just raised?"

The responses are always along the lines of "Your startup is already risky. Don't innovate in areas of your business where the status quo is known to work. Innovate your product + technology, don't be innovative with your company's finances, HR, etc"

That advice always stuck with me. It just makes a lot of sense to do things in the most boring way possible, except where it matters (your competitive advantage <-- that's where you innovate, that's where you set yourself apart)

Running a startup is distracting enough. Doing things non-standard just adds to the list of distractions that you don't need as a founder.

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2. Aurorn+iq1[view] [source] 2026-02-04 02:07:53
>>cj+ul
YC, like most incubators, has always encouraged their companies to use products and services from other companies in their portfolio.

The simplest explanation is that this is a mostly symbolic move: They want to show that the stable coin and crypto companies they invest in are actually trusted by YC. It starts to look hypocritical if an investor is funding crypto companies and praising them as important breakthroughs, but not actually using them where it’s important.

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3. 7e+Hw1[view] [source] 2026-02-04 02:59:59
>>Aurorn+iq1
But what advantages do stablecoins have?
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4. toomim+gA1[view] [source] 2026-02-04 03:32:48
>>7e+Hw1
Faster and cheaper transactions that don't get locked up by the whims of a bureaucracy. They continue to operate on non-business days.
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5. irishc+tB1[view] [source] 2026-02-04 03:43:36
>>toomim+gA1
At the end of the day, for better or worse, the US dollar is backed by the US military. Virtual coins are backed by the greater fool.

What a strange toss-up.

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6. zx8080+wY1[view] [source] 2026-02-04 07:30:17
>>irishc+tB1
> US dollar is backed by the US military.

No, it's not. It's not possible to come to the US soldiers with a bunch of US dollars and some demands and get what's demanded in return for the dollars.

Only trust of the other market participants backs the US dollar.

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7. direwo+2l2[view] [source] 2026-02-04 10:26:08
>>zx8080+wY1
It's the other way around. If you don't trade in dollars, the military comes and demands that you do.
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8. Realit+pG2[view] [source] 2026-02-04 13:04:25
>>direwo+2l2
Is the peso backed by the Mexican government? Because I'm afraid of all these militaries coming and knocking down my door to use their money.
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