FYI: I’m not team Bitcoin. I’m not team Stablecoin. I’m team God.
I got my popcorn and microphone.
You honestly can’t make this up.
History constantly repeats itself. Why? Because of humans. Look in the mirror.
Can you honestly blame the governments for doing what they do best? I thought it was supposed to be power to the people. Who really has the power?
Since most people like to watch TV, play on social media, and be distracted with numerous other things, they have no idea what’s going on. They can honestly choose to gain knowledge and be aware of what’s going on in the financial world and government. But they choose to be oblivious by enjoying other things. That’s a choice.
We also know that people are leery of Bitcoin because Bitcoin fluctuates in price. People are afraid of losing their money. So what’s a great “stable” digital currency alternative? you guessed it! stablecoins! And now the banks will be able to easily move people’s deposits to a stablecoin that can be tracked and traced…on chain.
Wow. Impressive.
👏…👏…👏
A stablecoin has a better “name”. It’s a digital currency that’s *stable*. It doesn’t extremely fluctuate in price . It’s pegged to the US dollar. It has a better selling point vs Bitcoin that some say “can’t be trusted”. (But these are the same people who still trust in the current financial system 🥴)
The stablecoin, especially USDC, under the GENIUS is basically the equivalent to the CBDC without the negative connotation.
There are too many agendas (around the world) at play.