I never understood the overthinking and analyzing of stablecoins. They are dollars on different rails that people outside the US can access.
Are stablecoins a betrayal of Bitcoin's values - a trojan horse for adoption?
Allen Farmington thinks the latter.
Read_887 offers a deep dive into the incentives shaping monetary infrastructure - and what happens when fiat settles on Bitcoin rails.
🔗 https://fountain.fm/episode/DsJfhL0gIuqJMeg4HSFc
