Humans are addicted to credit. Like it or not someone somewhere will develop a credit product on top of Bitcoin
If #Bitcoin is legitimized in the United States as a store hold of value, effectively granting all citizens the ability to opt out of inflation, then what is the usecase for a dollar stablecoin?
Surely it is to roll out a social credit state like Europe is attempting to do (in China's footsteps).
This is why the development of freedom tech like nostr:nprofile1qqst56gyvmerl23cj9tscz3caqws48uy577v09nj6xw34we0cyg4duqppamhxue69uhks6tswd68ytnr0gqs6amnwvaz7tmwdaejumr0ds4xz88d is vital for our hope in a future without chains.
Discussion
Credit is a product of the inability to save because of inflation.
Hardly. It’s a promise to pay back. You should read nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a broken money.
Will be much more orderly than the fiat alternative over time considering there is no bailouts.