5 ms·
Stablecoins reinforce dependence on the State, as they further entrench the fiat system that Bitcoin was meant to replace. It seems to me that this, and the re
by martindale 5y ago
Stablecoins reinforce dependence on the State, as they further entrench the fiat system that Bitcoin was meant to replace. It seems to me that this, and the rest of the "Decentralized Finance" movement is not intending to replace the current financial system, but rather reinforce it.