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I'd say that the difference is in market penetration and scale. Individual governments actually feel threatened by a global currency that is available on platf
by wickoff 7y ago
I'd say that the difference is in market penetration and scale.
Individual governments actually feel threatened by a global currency that is available on platforms most of their citizens already use and is backed by a basket of geographically distributed low volatility assets.
If US is worried, then governments with smaller and more volatile currencies may be having a panic attack.