Americans can skip reporting or paying taxes on small transactions under $200 in foreign currencies.

Appears Strike (Zap wallet) recognized user base consists largely of U.S. based drug dealers, so by lobbying El Salvador into doing this they'll shield U.S. drug dealers from prosecution for tax fraud.

It'd theoretically benefit other Americans doing small transactions in BTC, but really only drug dealers do such small transactions in BTC, everyone else uses it as a reserve for speculation.

As a rule, any parasite, invasive bacteria, or virus harms its host, but over time they usually evolve towards exploiting the host more efficiently, which often includes being less harmful.

Among these, viruses integrate quite closely with their host, so viruses that jump into a new species should normally infect less well, but sometimes they infect fine and just harm the host excessively. SARS, MERS, etc.

> You get given a problem spec. You design a decentralised system to solve it neatly. You get told “This doesn’t work, $COMPANY doesn’t have any way to monetise it”.

I do believe the author ran into this problem, especially in the VC world, except the author likely pointed this out herself.

I work for a major L1 project and never ran into this problem directly.

I've mostly witnessed less well funded projects bend towards their binance masters' desire for yet another pumpable token.

If you run into this problem, then you should spend their money building the fundemental components under a permissive or free software licensee. After some sunk costs then maybe they'll accept a more open business plan.

As an aside, VRFs are really amazing cryptographic tools for building distributed systems: https://www.youtube.com/watch?v=VyiG_JNxvIw