Because you cannot control the bitcoin, access to it, or its use.
Treasury backed, centralised stable coins can be controlled at all levels/stages just like access to your bank.
The ultimate goal is digital adoption of a fully controlled and traceable money with a
Government enslved by debt to a central issuimg authority.
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Does bitcoin, as the underlying hard money of these stablecoins with its value-for-value tokenomics, hinder or accelerate the enslavement of humanity? For whom is it a Trojan horse, admin or the plebs?
the underlying backing of stablecoins, is treasury debt in the form of fiat cuckbuck promisary notes. hence why the accelerate enslavement.
Past time that people started issuing stablecoins with Bitcoin as the backing.
I just assumed, logically inevitable really I would claim, that if stablecoin legislation passes that this is the federal government’s defacto acceptance that bitcoin is going to replace the USD.
I mean that’s the best case scenario on the soft landing menus. Seems so obvious as the least bloody path to unwinding the fiat horror.
