Good news stable coins going legit now im Fan of stable coins

[cryptoboss2020]

Nice one I always tought we have nice coins all ready like usdt and usdc there is no need even CBDC.
Im fan of stable coins becouse they are stable


Source:https://mobile.twitter.com/jerallaire/status/1346233132396257282

[20kevin20]

We have them, except they aren't controlled by the 1%. CBDCs are needed by the govs because they do not want third parties to have control over money supply.

And then what's so fun about a centralized currency that stays pegged to fiat currencies anyway? It's the same boring enslavement currency we already had, but you're supporting the digital version of it instead.

[Charles-Tim]

Nice one I always tought we have nice coins all ready like usdt and usdc there is no need even CBDC. 

You are right, CBDC will only be a privacy-depriving cryptocurrencies.

Im fan of stable coins becouse they are stable

Stable coins are not stable, they are just 1:1 to some fiat like US dollar and Euro for example. Fiats by nature are not stable, also they all devalue over time. This makes stable cryptocurrencies not to be stable. If the fiat they are pegged with depreciate, they are also depreciating.

[cryptoboss2020]

We have them, except they aren't controlled by the 1%. CBDCs are needed by the govs because they do not want third parties to have control over money supply.

And then what's so fun about a centralized currency that stays pegged to fiat currencies anyway? It's the same boring enslavement currency we already had, but you're supporting the digital version of it instead.

World Elite are mentally tough and smart they never enslave their own kind of people.
If you are weak in your mind You are their prey
Dont be the lamb be the wolf and nobody dont enslave You!
Support their plans and same time do your own things.

So now its the time when Central banks will create wealth all this wealth will be not changed but just transfered in to blockchain in to stable coins.
After 2022-2025  well it look like what ever you have you have   nothing less nothing more after
Its good becouse now everybody will decide who they want to be.

[cryptoboss2020]

Nice one I always tought we have nice coins all ready like usdt and usdc there is no need even CBDC.  

You are right, CBDC will only be a privacy-depriving cryptocurrencies.

Im fan of stable coins becouse they are stable

Stable coins are not stable, they are just 1:1 to some fiat like US dollar and Euro for example. Fiats by nature are not stable, also they all devalue over time. This makes stable cryptocurrencies not to be stable. If the fiat they are pegged with depreciate, they are also depreciating.

People dont understood one thing fiat value is low only If a lot fiat are in  used.
When they do  fiat currency halving with taxes and wealth confiscation projects the fiat currency have big value.
Once they decrease the supply of fiat the fiat has good value!
Off Course When There is too much cash its not good but with stable coins they can Control the inflation.
To protect the wealthy and fiat currency value we can always make economic crisis.

So Let's stop talking about fiat currency inflation or hyperinflation  we use stable coins then we have no issues


And most of the people dont need money anyways Once the government can control the inflation and proper money supply control they can assure everybody have a food and place to live.
And Job to be useful for society.
There is no need money for everybody government can give you vouchers
Well many of You dont like it but this is only way to end up poverty!!