Eh, I reject this. I see let to reflect on. Open source technology, cryptography, and mathematics can be leveraged by anyone or any entity, including governments. That the US government and / or it’s corporatized appendages would seek to co-opt Bitcoin affinity signals into the dollar system is not surprising - and to the Argentine or Nigerian person who either doesn’t understand Bitcoin or would chose “slow” debasement over “fast” volatility in both directions in Bitcoin, assess to USD stablecoins is a global egalitarian good, because these people are comparing the dollars slow decline against extreme and rapid decline of their home currency.

The problem of this article is that is takes USD stablecoins having “won” the global debate on the nature of internet money as a foregone conclusion, a typical Dollarist leap in logic, not surprising in their regard either. It is very much like people who argue that bitcoin is “failed” as a medium of exchange because “not many” people are using it as a medium of exchange, and then logically jumping to “therefore it will/can never be used as a medium of exchange.” And the real issue underneath such positions is mostly just because THEY are not spending it, and the people who are spending it both near and far afield, simply don’t matter to them.

#Plebchain