Great article.
Stablecoins are an evolution. Not a revolution.
They solve real problems for millions, but inherit the limits of the system they’re built on.
Bitcoin is different because it enables something else entirely: digitally native, borderless value transfer.
In his latest for nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu, nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp lays out the benefits of stablecoins, their limitations, and why Bitcoin’s utility goes far beyond fiat-based systems.
https://bitcoinmagazine.com/featured/stablecoins-evolution-not-a-revolution
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