Yes, but people want to see gains and a rise in purchasing power. Not something that just holds stagnant value. The dollar will remain but it won't gain value. I can imagine that eventually people will eventually realize this and transition to bitcoin. With this said, Tether and all other CBDCs are essentially pointless in the long run.
Discussion
People also like to spend money on things and third world nations love stablecoins since their national currency is shit. There are billions of people and most are just trying to eat. They could give a fuck about ngu or anything else. And stablecoins offer that to them.
That's true. I agree. Not sure what to say. Let Darwinism run its course. It always has.
Now thats an idea I can get behind. They gonna do what they gonna do, and we gonna say fuck you. Thats my plan in a nutshell🫡
All I can add to this is that people who refuse to adapt will suffer massive financial losses for themselves and their offspring. That's always been the case. I do think Bitcoin will become the world's first universal currency at some point. I think I'll be alive to witness this. Things seem to be accelerating faster than anticipated. I doubt this was part of whatever plan they have, as humanity has always been absolutely terrible at predicting the long-term effects of their actions. There are just too many variables to consider.
Hope for the best, prepare for the worst. And expect the unexpected.