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0 sats \ 1 reply \ @TomK OP 29 Jan 2023 \ parent \ on: World Reserve Currency: Clock Is Ticking bitcoin
Yes that's correct. I think the rapid adoption of usdt is the reason the Fed doesn't intervene and lets it grow further. They really do not need a cbdc (except wholesale) to spread their monetary "evangelium": long live the USD colonial power!
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0 sats \ 0 replies \ @muteness11 29 Jan 2023
In principle I agree, but there maybe a time where the US govt. coerces stablecoin issuers to ultimately control them and they can become a de facto CBDCs
The undeniable fact is no one knows what will/can happen in the future :)
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