All evil is due to lack of knowledge. If fiat is evil, it's evil because users lack knowledge. EG So as soon as one knows about Bitcoin, the utility function for stablecoins changes, and fiat is a stablecoin. Thus, Fiat is only evil if you don't know about Bitcoin. As soon as you know about Bitcoin fiat becomes good, it's just a tool like a gun--it can be used for good or evil. A blanket claim that all fiat is evil, is itself evil, because it dissuades open conversation (where knowledge comes from) on the value of stablecoins and their governance.

Sometimes the corresponding Twitter thread, unrolled, makes a great pre-read, like a table of contents for the newsletter.

Thread by @jimmysong on Thread Reader App https://threadreaderapp.com/thread/1505915184308760576.html