most “stable coins” will be regulated into obsolescence
some will fail due to exit scam or government pressure, while others will add KYC and censorship throughout to appease regulators
bitcoin is the only true stable coin, with no central party in control that can rug or be rugged, this will become more obvious to people over time
Listened to the Rod Armor Dispatch. Loved it. Can an ordinal sat be re-inscribed, overwritten, or otherwise modified after initial inscription?
That would be nice but IMO, quite unlikely worldwide.
In USA and EU, quite probable will be regulated and KYC, it would not surprise me Canada, New Zealand and Australia following...since it seems that they do as they are told...
But the world is quite bigger than USA + EU, and the current stable coins plus new ones to show up in the new bull run are more likely to stay... I wish to be proven wrong over time ...
A stable coin is still like a bank. You need to trust the reserves of the issuer
What are your thoughts on the approach taken by these guys?
