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105 sats \ 1 reply \ @seashell 12h \ on: The truth behind "stable" coins econ
Why is nobody talking about what happens when stablecoins become the default rails outside SWIFT? Then the whole US banking system will get sidelined, and Treasury backed money will move globally without needing anyone’s permission. This is way bigger than just Fed vs Treasury
you won't have to worry about any of that because as the dollar starts to destroy other currencies, the only way to fight back will be to adopted bitcoin.
as countries adopt bitcoin they will destroy the stable coins.
then we reach hyperbitcoinizarion
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