nostr:nevent1qqsvxjewas6fskrnpztacccvk62szhrdyq0gus6njt53f27vwarwx0gpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrheet038gj9rml7d6recddrvj5s4aeqzzkgun7h4dp7vtnvtmv5upsgqqqqqqscq0k9f

For now. I think iran is prime example as they don't want usdt... They want btc for obvious reasons.

I mean, if the author completely ignores the existence of bitcoin, sure

Short term. What about long term? It could be the case that these "stable coins" turn out to basically be CBDCs (I argue they basically are already, as is the US dollar - it's been largely digital for years). It'll become very apparent that these systems are perhaps more controlled (cashless, more c...

Dollars still have the problem of inflation

Blockstream and iFinex have and had close ties. The undermining of BTC had been perfected by 2014. Long before most Bitcoiners here have bought their first coins. Now instead of re-aligning with cyphepunk values e.g. Monero we here Bitcoiners praise the maxi gospel (that is just another subversio...

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 no...

He confuses currency with store of value use case.

for now

Bitcoin is the one and only true revolution… you dumb fucks

Stablecoins are both saving and destroying the dollar, depending on which editor is currently at the desk of FT/Bloomberg/WSJ

https://image.nostr.build/e13a2ec8c0d18367d2e618605a00938b9b263fa26d3da62c136d48eee9780198.png 🔴 God has said in the Quran: 🔵 { And We have already sent Noah and Abraham and placed in their descendants prophethood and scripture; and among them is he who is guided, but many of them are defian...

She can do both. Provide the utility of borderless self sovereignty, and consolidate the fiat system into a single dominant currency. And then one day, the choice will be glaringly obvious, and early adopters will have their freedom.

The reflection. https://i.postimg.cc/C1mSg8b5/cash-value-going-to-0.jpg

Without reading anything but the heading so far: no. Practically none of the cypherpunks wanted to destroy the dollar. They only wanted to digitize money and if anything, the dollar attacked them each time they made something compatible.

Looks pretty shortsighted to me. What am I missing?

How surprised can we be? People don’t like change, it scares most. Why try to understand something ew when you can be sold a repackaged existing thing

Trying to correlate what is not correlated...

I believe the crypto dollar is just a transition to a bitcoin standard.

No, they never did. Sellouts and bad actors are the ones who used our movement to try and "save" the dollar instead. But that won't stop Bitcoin.

The transition isn’t complete yet.

The revolution is coming, the tides are swift! #BitcoinOverFiat

this is the result of putting store of value before medium of exchange and listening to charlatans like saifedean

Full article from the archive: https://archive.ph/R5wEu

Not over ‘till it’s over… give it time.

These people are missing 'the part that mattered' AI sees it: https://blossom.primal.net/7d2eec279dc2c0efb769998e80ec9739834007c47f2c2d47ec71401227f417f6.jpg

Last ditch effort to maintain it alive. When the whole world who wants it is saturated with it, inflation will show its true colors. That’s one boat I don’t want to be on when it sinks.