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104 sats \ 2 replies \ @billytheked OP 24 Feb \ parent \ on: Opinion: Stablecoins, the new kid on the crypto block, may be killing Bitcoin lol bitcoin

I'll be honest I'm not sure about how the stable coin works, nor have I thought that much about whether the US or other powerful country could censor transactions. I suspect their opreating companies could fall out of favour just aas easily as they won it.

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84 sats \ 1 reply \ @Scoresby 25 Feb

There are many ways to make a stable coin. All of them require some amount of centralization. Centralization = a throat to choke. If the US wants to shut down a stablecoin, they can.

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2 sats \ 0 replies \ @Solomonsatoshi 25 Feb

Yes but if Bitcoin has almost zero MoE liquidity because most virtue signalling BTC maxis can't even be fucked to attach LN wallets to SNs...and use LN then . . . what?

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