Understood too.
In time though, the solution to their financial slavery is not to go to to another financial master, particularly the post powerful one.
And "stabkecoins" are, as I see it, a very bery powerful weapon in the hands of that master.
Discussion
Anything is possible with centralized astablecoin like USDC .
My work and research has I've found that retail banks hate them.. and retail banks have way more institutional power than everyone thinks
Thiseans they're not going to be replaced or.ousted by central banks...
Stablecoins remove all retail banking use cases...
This is a major threat to the elites...
PURA VIDA
I can see that indeed and it definitely has to be one of the forces at play in the times to come.
Now, from the US GOV point of view, in a period where USD hegemony is largely questioned, stablecoins issuers bring a lot of air. When the time comes to make the machine BRRRR again, they will be very massive treasuries buyers and, if the space keeps growing, which it should, the importance of their funds will grow accordingl. It will be hard not to use that to keep sending USD all around the globe.
Then again I'm not a researcher like you, just a curious fellow reading tons of stuff because I think this is very interesting.
PV, nice debating with you 🤙
You too.. and you're right. The only reason i have this opinion is that Lyn Alden said she was bullish on stablecoins....
When she saw shes bullish, I tend to emerse myself into learning why...
But again, you are spot on.. Its really just a temporary alternative than anything!