Flix
· 5w
Stablecoins can be frozen, banned, blocked, confiscated at the blockchain level. Why? Because there is a centralised issuer.
Bitcoin cannot. Because it is decentralised.
https://blog.amlbot.com/sta...
As more and more people truly understand and use Bitcoin, it poses a significant threat to stablecoins. This is because Bitcoin can be used directly without needing to be exchanged for stablecoins. This will ultimately lead to the obsolescence of stablecoins. The pressure from Bitcoin doesn't just come from traditional finance; it actually poses a much greater threat to stablecoins.