pull down to refresh
Stablecoins are all scams that prey on their users. It is exactly as predatory as any other custodial money scheme.
Bitcoin fixes this. I wish you understood this.
You want the volatility.
its not what you and I believe, its actually completely irrelevant as I'm not looking at it from a morale standpoint but rather what is happening on the ground!
While volatility is something you and I are comfortable with but many others arent (they just didnt go through Bitcoin rabbit hole)
deleted by author
deleted by author
Yes that's correct. I think the rapid adoption of usdt is the reason the Fed doesn't intervene and lets it grow further. They really do not need a cbdc (except wholesale) to spread their monetary "evangelium": long live the USD colonial power!
In principle I agree, but there maybe a time where the US govt. coerces stablecoin issuers to ultimately control them and they can become a de facto CBDCs
The undeniable fact is no one knows what will/can happen in the future :)
deleted by author
deleted by author
deleted by author
while i agree on the outcome but I believe it will take a long time.
Stabelcoin will even prolong USD as a reserve currency as individuals globally will have a tendency to hold stables (Im already seeing signs with my own eyes ... ppl have stables on their wallets (not local fiat) and they even transact with stables)