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“Gresham’s law on a global scale” We’re living Gresham’s law on a global scale - bad money drives out good money - and most people have no idea that it’s happening.
IMHO, the trajectory is - fiat is dying, stablecoins are a transitory vehicle to bridge between the traditional finance to the digital age of money - and bitcoin is the king, the digital gold, which will eventually be the reserve asset of the world.