usdc would have went bankrupt with silicon valley bank if the gov didn’t bail them out
now it is being ushered in as a corporate cbdc by trump, congress, and tech bros
Discussion
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Good summation. Not shocking of course, but still wild to see it all play out.
Agree 🧨
US District Columbia
welcome to the dystopian CBDC public-private partnership. its gonna suck for many
What altcoins are prospective CBDCs besides USDC?
Well Ethereum wasn’t just gonna save itself…
Would have gone*
Cash ban coming sooner than later
*Nikolai didn’t kill himself*
Trump is trying to do some Jedi mind tricks.
“These aren’t the CBDCs you are looking for.”
This makes the valuating CRCL a bit like determining the sex of the angels.
The new visa and mastercard? More or less the same
Those who praise stablecoins claim that unlike banks, stablecoin issuers hold 100% reserve funds of the money deposited by customers, so they are safe. But it seems they don’t know where the money is actually stored.
Isn't USDT pretty much the same? They have openly admitted that they have onboarded US Secret Service and FBI to their platform. I think that it looks pretty much like a CBDC. What am I missing here...?
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