At $100M #Bitcoin, the fiat proposition has all but disintegrated.

Will #stablecoins really be able to prevent populations from exiting?

Not in the long run.

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Discussion

What do they mean by stable? Losing purchasing power on the reg?

More like stable conditions from the POV of the ruling class.

Returning to explicit taxation would shrink governments1000x.

Who knows what that transition would look like... scary from the State's vantage point.