Pros - On/off ramping no longer required. In a world of continuously increasing capital control, this is a good thing.
Cons - USDT/USDC are at best digital FIAT, they are going to zero vs BTC, however, this will slow down a bit orange pilling the early majority. IMO we need another 3-4 cycles for this to happen.
Neutral - Bitcoin doesn’t care, it’s governed by maths not by politicians nor by billionaires.
DoNotTrustVerify
npub1uq…su64y
2025-01-31 03:47:24
in reply to nevent1q…ktgw
Author Public Key
npub1uqz79uj7yzs0qxqt935umg6dxf4yasejmgze4pyjywj3ffsnzpasjsu64yPublished at
2025-01-31 03:47:24Event JSON
{
"id": "9660a2c909132baf2cfd5d3fa5256bbfe05a62b7f44fe1a85aa8832599891e2e",
"pubkey": "e005e2f25e20a0f0180b2c69cda34d326a4ec332da059a849223a514a613107b",
"created_at": 1738295244,
"kind": 1,
"tags": [
[
"e",
"82d0f6763fffdafa078541e0660a1031add84a2bcb54abd0200bd5c08518eabf",
"wss://relay.primal.net",
"root"
],
[
"p",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11"
]
],
"content": "Pros - On/off ramping no longer required. In a world of continuously increasing capital control, this is a good thing. \nCons - USDT/USDC are at best digital FIAT, they are going to zero vs BTC, however, this will slow down a bit orange pilling the early majority. IMO we need another 3-4 cycles for this to happen. \nNeutral - Bitcoin doesn’t care, it’s governed by maths not by politicians nor by billionaires.",
"sig": "4120fd84c50779313b06cbf7c61f30865b5a9e6f48425225424abfa8f94737aebb5a406b40f0cb4b5565150a8e6587fe0bc5807e7b665a4816a10f244b495092"
}