stripe just assembled the first stack that circumvents CEXes entirely
before embedded wallets, apps were at the mercy of external wallets
privy flipped the model. they empowered apps to own the relationship with users
but CEXes still provided the best onramp, and so the
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If pump.fun is serious about rivalling the streaming incumbents like Kick or Twitch, they will need to finance streamers like Adin Ross etc with that $1bn