> There's a lot you can do with a collateralized-cryptographic-asset-on-a-distributed-ledger (or stablecoin) that you can't do with a bank account. (...) That w

> There's a lot you can do with a collateralized-cryptographic-asset-on-a-distributed-ledger (or stablecoin) that you can't do with a bank account. (...) That would be like if all banks implemented the same standard, and you could use any app to control your accounts. Sure, given universal adoption. In reality, it's more like an API that controls, charitably, one bank - why shouldn't people just use Stripe / Paypal / ...?