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I think most fails to understand a thing: stablecoins are not "quick and simple eCash-alike", they are a way to re-dollarize the world migrating the power from
by kkfx 1y ago
I think most fails to understand a thing: stablecoins are not "quick and simple eCash-alike", they are a way to re-dollarize the world migrating the power from traditional bankers to new ones. That's the end of the wild west. The end of the classic banking system to be substituted with another one, equally shaped and harmful.
The banking world have state that in 2019 https://web.archive.org/web/20240213185758/https://www.cimb.ch/uploads/1/1/5/4/115414161/banking_disrupted_geneva22-1.pdf https://web.archive.org/web/20240213185758/https://www.cimb.... and now it's just another small win of the new banksters...