Europe Will be first to use Stablecoins and btc crypto

[Shortmaster]

Yes europe Will be first one who Will use crypto and btc and Stable coins.
Becouse euro can not survive any longer it's impossible and soon only legit currencies in Europe Will be btc eth or usdc usdt or busd becouse binance have enourmous power in Europe.

Many of you dont Even know but all the data and everything shows euro can not survive  If they hike eu rates that's useless If they lower rates then it Will be Zimbabwe dollar anyways
I give euro about life time few months maximum time then it Will be replaced first with USDT

NOW you asking how it could be happening? What's the trigger? It's war off course ... But actually main reason is that euro don't have backer.

You see i know everything with me you guys are smart Also i Will make my School and start teach the real knowledge about everything becouse there is barerly things what existing what i dont know.

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[Stalker22]

Yes europe Will be first one who Will use crypto and btc and Stable coins.
~

I have to strongly disagree with your post. Your argument is riddled with baseless claims and a lack of understanding of basic economic principles. First, Europe adopting cryptocurrencies like Bitcoin, or stablecoins as the primary currencies is highly unlikely and unrealistic. The euro is a well-established currency and it has proven its resilience over the years. Furthermore, your claim that Binance, or any other private company, holds enough power to replace national currencies in Europe is complete nonsense. On what facts are you basing that?

You see i know everything
~

Only a complete fool can claim to know EVERYTHING!

[Argoo]

EU countries will allow the use and use of cryptocurrencies and stablecoins based on the recommendations of the FATF and the development of their own experience on the conditions for their circulation, but they will never replace their own currency, the euro. The European Union is not looking for an alternative to the euro, as there is no need for it. Moreover, they will not replace the euro with cryptocurrency or stablecoins. Difficulties sometimes arise with all the currencies of the world, but this phenomenon is temporary.

Due to Russia's military invasion of Ukraine and the need to impose various economic sanctions against the aggressor, the costs of the EU countries have increased. However, this is a working moment and they are compensated by other introduced measures and mechanisms. Therefore, I see no reason to panic.

[serveria.com]

Yes europe Will be first one who Will use crypto and btc and Stable coins.
Becouse euro can not survive any longer it's impossible and soon only legit currencies in Europe Will be btc eth or usdc usdt or busd becouse binance have enourmous power in Europe.

Many of you dont Even know but all the data and everything shows euro can not survive  If they hike eu rates that's useless If they lower rates then it Will be Zimbabwe dollar anyways
I give euro about life time few months maximum time then it Will be replaced first with USDT

NOW you asking how it could be happening? What's the trigger? It's war off course ... But actually main reason is that euro don't have backer.

You see i know everything with me you guys are smart Also i Will make my School and start teach the real knowledge about everything becouse there is barerly things what existing what i dont know.

This is ridiculous! Euro can't disappear completely, let alone in several months. And I don't think crypto/stablecoins could be the replacement as any government is afraid of something they cannot control. And they surely can't control crypto.

[Tytanowy Janusz]

You see i know everything with me you guys are smart Also i Will make my School and start teach the real knowledge about everything becouse there is barerly things what existing what i dont know.

your statement looks like it was written by this gentleman:



So either it's all a bait or you really have a lot of points to refine in your analysis. The fact that the euro is collapsing is certain, the fact that the currency that is used by probably 400 million people every day and is the reserve currency of many countries will not collapse in a few months is even more certain and it is even more certain it will not switch to USDT or BUSD that don't even have licence to mint new coins.

[pooya87]

Yes europe Will be first one who Will use crypto and btc and Stable coins.

That makes no sense!
Governments look for control, specially on the economy and the currency people use. They will always fight tooth and nail to keep that control. Which means they are not willing to accept a decentralized currency like bitcoin which they can never exert any form of control over its price, its network or to apply any form of censorship like they do in centralized fiat system.

When it comes to cryptocurrencies (specifically altcoins) they are too useless, flawed and with a short life to be accepted by any government least of which Europe that needs that authoritarian rule over civilian's money.

This is even more true when it comes to stablecoins that are centralized but in the control of a company that is usually not under a jurisdiction that they can control.

Becouse euro can not survive any longer it's impossible and soon only legit currencies in Europe Will be btc eth or usdc usdt or busd becouse binance have enourmous power in Europe.

LOL
Europe's economy is facing a crisis for sure but it is not yet as big as the last one's like the one in the 70's and even when it grows to be just as big or even bigger, it still won't "kill euro", it will just weaken it.
And the solution is not to use bitcoin or any of the shitcoins you listed here.

I give euro about life time few months maximum time then it Will be replaced first with USDT

Europe's economy is dumping but it won't be a few months.

NOW you asking how it could be happening? What's the trigger? It's war off course ... But actually main reason is that euro don't have backer.

It's not the war, the war is just he catalyst. The real reason is US milking Europe for all its worth so that US can survive.

You see i know everything with me you guys are smart Also i Will make my School and start teach the real knowledge about everything becouse there is barerly things what existing what i dont know.

LOL
Your whole comment sounds like someone who is bag-holding the shitcoins you listed here and are too shy to only list them as the replacement for euro so you also included bitcoin

[so98nn]

Even if we consider your theory is right then can you please explain why would they use stable coins as back bone for the euro? What made you to come to that conclusion because it is itself has no basis at all. Just because we have crypto currency around doesn’t mean any government would just jump out of nowhere and start considering stablecoins as the back ups. I mean there are traditional precious things such as gold, oil, or may be treasure like gold bonds and what not. Stablecoins are more dangerous and risky to Back national currency. That’s lot to process like that. Financial ecosystem does not work like that mate.

[Bureau]

I am aware that Germany has gone into recession. I don't think the whole of Europe is in that bad shape. Of course the war has its own repercussions, that doesn't mean Euro is slowly dying. Our own petro dollars might face an issue after Saudia joined the BRICS group. That doesn't mean USD is in bad position at the moment. I doubt Europe will come into such a situation wherein they have to be dependent in cryptocurrency. It would take many many years for the economic situation of Europe to crumble. For now it is still okay and we don't need to panic.

[Vaskiy]

As most users mentioned what OP have said is a baseless claim. Being the official currency of 19 member states of European union is much more stronger than USD. It is the second largest in terms of reserve and the most traded currency next to USD. European countries were facing bad economic situation, just on that we can't be conclusive on bitcoin and other cryptocurrencies getting adopted as the primary currency. The strength of currency is determined by the purchasing power and it is not than down as OP had compared with Zimbabwe currency.

[dothebeats]

I'm not sure where you got this theory or information from or this is just a random claim you have but I strongly disagree with you. First, you have a baseless claim and seem to only post according to your personal perception and feelings regarding the Euro. Second, please do not expect a fruitful smart discussion by posting something like this without being backed up or citing credible sources as most of us will only find your post ridiculous, if this is an opinion on your end then it would have been better to revise your words and use proper terms to deliver your message or opinion more accurately as opposed to what your post is doing now, as if you are claiming that what you have stated is true and credible.

In fact, to backed my own answer as to why I disagree with your baseless claim, that Euro is doing just fine here is an article by the European Central Bank: https://www.ecb.europa.eu/pub/ire/html/ecb.ire202306~d334007ede.en.html

In this article it was stated that despite the effects of the war between Russia and Ukraine, as well as the effects of inflation, the Euro remains the second most important currency in the international monetary system. Moreover, according to the same article the share of Euro in global official holdings of foreign exchange reserves increased from 0.5% to 20.5%.

For more understanding and actually knowing the current state of Euro, I suggest you visit the link.

[iBaba]

Well, despite the fact that you claim to have a strong awareness of both the prospects for the euro and the emergence of cryptocurrencies in Europe, such as BTC, ETH, USDC, USDT, and BUSD. The dynamics fluctuate in accordance with the present and future realities, making it impossible to foresee the fiat currency's future at this time.

Whilst it's true that cryptos are becoming more and more popular across the globe, especially in Europe, it's vital to keep in mind that adopting any currency includes a number of complex factors, including governmental policy decisions, economic stability, and public acceptability. It's interesting that you suggest war as a potential catalyst, but I think it's challenging to forecast how the currencies will evolve in the future.

[usekevin]

Even if we consider your theory is right then can you please explain why would they use stable coins as back bone for the euro? What made you to come to that conclusion because it is itself has no basis at all. Just because we have crypto currency around doesn’t mean any government would just jump out of nowhere and start considering stablecoins as the back ups. I mean there are traditional precious things such as gold, oil, or may be treasure like gold bonds and what not. Stablecoins are more dangerous and risky to Back national currency. That’s lot to process like that. Financial ecosystem does not work like that mate.

The OP never concluded anything as like you said,because the OP never said the Stable coin was the back bone for the Euro.Euro was the stable fiat like USD,which had their own growth because of the supporting European countries.The traders in the Europe may brought the stable coin as compared to the other coin,because of huge money involvement in their country.The economy of the euro zone was defended by the all the European countries and stabling the price of Euro in their region by the internal exchange of goods.

[mvdheuvel1983]

Yes europe Will be first one who Will use crypto and btc and Stable coins.
Becouse euro can not survive any longer it's impossible and soon only legit currencies in Europe Will be btc eth or usdc usdt or busd becouse binance have enourmous power in Europe.

I stopped reading here. What do you mean by binance having enormous power? This is a ridiculous claim that even CZ of Binance would be shocked to read that that have such power to even make the whole of Europe is crypto. They have no more power than do in America, Europe etc They cannot influence government's decision. The same thing goes for other exchanges too. If you had mentioned an organization like Blackrock that controls the world, then I would agree with you but not binance.

[Frankolala]

OP, you don't understand what a country currency is,a country currency  is backed up by the government and there is nothing on Earth that will make a country replace their currency with cryptocurrency,because it is not from the government and they don't have control over it. This will make them have less power to control the citizens and the economy of the country.

The euro is backed up by all the European countries not just one country and nothing on Earth will make them abandon their own currency for another. The war might be affecting the value of euro but it wouldn't still change anything because it is a union thing and I believe that for sure they will fix it. You should also know that inflation is depreciating all fiat currency not only euro.

[gunhell16]

Yes europe Will be first one who Will use crypto and btc and Stable coins.

I just want to correct something or correct what you said this dude, because as far as I know, Europe is not the first country to accept Bitcoin or cryptocurrency in the whole world, but rather the country of El Salvador was the first to accept Bitcoin as legal tender in their country.
Here is the link: https://www.livemint.com/news/world/el-salvador-becomes-first-country-to-use-bitcoin-as-legal-tender-11631144769412.html

Yes, there are many open-minded crypto or Bitcoin enthusiasts here, but the European government is still doing what the El Salvador government did. Then another thing: as far as I know, France was the first to agree to use the stablecoin in the European Union, and the French government even passed a law to make it legal for payments.
https://www.consilium.europa.eu/en/press/press-releases/2022/06/30/digital-finance-agreement-reached-on-european-crypto-assets-regulation-mica/

[dansus021]

Hahahaha it would be great if they do that but where is the source? Trust me bro!!! hahahhaha

The euro is one of the greatest fiat and has been used by many European countries so I don't think it will fall in a couple of years. However I would really appreciate if they start making on-chain stablecoin like USDT backed by 1:1 Euro and government-issued

[laurenB7742]

The Euro collapses? No offense, but I get the feeling you don't have any knowledge about cryptocurrency or economics. The EU is in a lot of trouble because the sanctions they imposed on Russia have backfired on them but to say that their economy collapses and the euro will disappear is an unfounded prediction and you are only relying on your own feelings.

Your statement becomes even more ridiculous by saying that binance is very strong in the EU and BUSD would be their choice. I'm not wrong in saying that you have no knowledge at all. You must have missed the news that Binance will remove BUSD and it is likely that this removal will be completed by February 2024.

[dothebeats]

The Euro collapses? No offense, but I get the feeling you don't have any knowledge about cryptocurrency or economics. The EU is in a lot of trouble because the sanctions they imposed on Russia have backfired on them but to say that their economy collapses and the euro will disappear is an unfounded prediction and you are only relying on your own feelings.

Your statement becomes even more ridiculous by saying that binance is very strong in the EU and BUSD would be their choice. I'm not wrong in saying that you have no knowledge at all. You must have missed the news that Binance will remove BUSD and it is likely that this removal will be completed by February 2024.

Honestly, I feel like OP is one of the those people who have a strong dislike and opinion against Europe and possibly the US too. I have seen a lot of similar posts like this that seems to throw random claims and theories regarding US and EU that either puts one or both countries in a negative light or posts where they target those countries' economic status by giving false obnoxious predictions and claims. What's even more problematic is that when someone calls them out of it they respond like teenagers on social media that are being called out, so much childishness and stubbornness, pushing their ideas to be facts. The thing about this is that there are new members in the forum that might be too clueless about the crypto and the economy, as some of them are just starting their journey here. These type of posts might be feeding their cluelessness and give them false information.

[DrBeer]

Yes europe Will be first one who Will use crypto and btc and Stable coins.
Becouse euro can not survive any longer it's impossible and soon only legit currencies in Europe Will be btc eth or usdc usdt or busd becouse binance have enourmous power in Europe.

Many of you dont Even know but all the data and everything shows euro can not survive  If they hike eu rates that's useless If they lower rates then it Will be Zimbabwe dollar anyways
I give euro about life time few months maximum time then it Will be replaced first with USDT

NOW you asking how it could be happening? What's the trigger? It's war off course ... But actually main reason is that euro don't have backer.

You see i know everything with me you guys are smart Also i Will make my School and start teach the real knowledge about everything becouse there is barerly things what existing what i dont know.

You're being very hard on Europe
Well, you can fantasize a lot about crypto. But about the hopelessness of the Euro - you're obviously overreacting !
Now the EU and its leader Germany, are reaching good indicators, and faster than previously thought. The key problems have been solved - diversification of energy supplies, plus prices have actually returned to the old levels, and supplies are stabilized and safe. Unemployment is falling, industrial production is growing, taxes are coming in.... Maybe you really know something that most people don't ? Then share it !

[Ayers]

The Euro collapses? No offense, but I get the feeling you don't have any knowledge about cryptocurrency or economics. The EU is in a lot of trouble because the sanctions they imposed on Russia have backfired on them but to say that their economy collapses and the euro will disappear is an unfounded prediction and you are only relying on your own feelings.

Your statement becomes even more ridiculous by saying that binance is very strong in the EU and BUSD would be their choice. I'm not wrong in saying that you have no knowledge at all. You must have missed the news that Binance will remove BUSD and it is likely that this removal will be completed by February 2024.

Honestly, I feel like OP is one of the those people who have a strong dislike and opinion against Europe and possibly the US too. I have seen a lot of similar posts like this that seems to throw random claims and theories regarding US and EU that either puts one or both countries in a negative light or posts where they target those countries' economic status by giving false obnoxious predictions and claims. What's even more problematic is that when someone calls them out of it they respond like teenagers on social media that are being called out, so much childishness and stubbornness, pushing their ideas to be facts. The thing about this is that there are new members in the forum that might be too clueless about the crypto and the economy, as some of them are just starting their journey here. These type of posts might be feeding their cluelessness and give them false information.

Honestly, I'm also someone who doesn't like what America and its allies do, but we should be realistic and argue fairly. Although I hope the world will become more multipolar and the BRICS will grow more and more, saying that the USD will die or the euro will disappear is the most bullshit I have ever heard.

If we want to criticize or criticize someone, we must at least have evidence to prove what we say and convince others. I really don't like arguing and am ready to attack others if they make arguments that are not right with us. What OP said is really nonsense and not worth discussing.