Replying to Avatar L0la L33tz

https://m.primal.net/PmjP.mov

"With the Dollar backed stablecoins, you'll help expand the dominance of the US Dollar [...] It will be at the top, and that's where we want to keep it"

What he means is:

with Dollar backed stablecoins, the Global South will pivot towards digital Dollars over local currencies, allowing private, US Gov controlled entities to replace bank accounts around the globe.

This does not just allow for the expansion of USD dominance by bypassing local governments – it gives the US unprecedented and direct control over worldwide economies as every stablecoin can be effectively frozen on behalf of the US with the click of a button.

Additionally, it will provide the US with never seen before surveillance capabilities, providing real time access to financial transactions around the globe – fueling the unparalleled public-private partnership between Silicon Valley and the US war machine.

If you are promoting stablecoins, you are promoting the end of national sovereignty in favor of total techno-fascist dystopia.

At least people will eventually see that Bitcoin is superior.

There is still time, they’re not going to shut off access to accounts immediately, that’s just bad marketing. Although eventually when they do it’s great Bitcoin marketing.

As a Canadian, I’m ok with the USD stable coin option because we’re likely to be offered something much worse here now that the liberals have managed to hold onto power and may very well win the next election.

Chaos just seems inevitable these days, I’m leaning into it…

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