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Governments don’t like stable coins so even if it is perfectly 1:1 they will still try to find a way to go after them. Other commenters have hinted the path is
by alchemist1e9 2y ago
Governments don’t like stable coins so even if it is perfectly 1:1 they will still try to find a way to go after them.
Other commenters have hinted the path is “sanctions” for not enforcing some controls..
Personally I can’t wait for governments to go after stable coins, then Bitcoin will really “moon”!
- JumpCrisscross 2y ago> Governments don’t like stable coins so even if it is perfectly 1:1 they will still try to find a way to go after them There are plenty of regulated stablecoins [1]. Hell, my state is launching one [2]. Governments usually have to subpoeana banks to get transaction records. With a stablecoin, those records are centralised. [1] https://home.treasury.gov/system/files/136/StableCoinReport_Nov1_508.pdf https://home.treasury.gov/system/files/136/StableCoinReport_... [2] https://www.ledgerinsights.com/state-of-wyoming-plans-stablecoin-issuance/ https://www.ledgerinsights.com/state-of-wyoming-plans-stable...