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42 sats \ 2 replies \ @denlillaapan OP 12h \ parent \ on: Stablecoins ‘Perform Poorly’ as Money, Central Banks Warn (FT, Martin Arnold) econ
oh. Ok, I see... How do you mean?
I just meant that this objection amounts to 1) we can’t control it, 2) we can’t control you, and 3) we can’t get people in debt with this.
None of those are actually about monetary function.
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TRUE.
DAT.
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