Why Nostr? What is Njump?
2025-04-02 00:12:04
in reply to

Theory of Everything on Nostr: I think regulations around Stablecoins are much easier to enforce, And liquidity for ...

I think regulations around Stablecoins are much easier to enforce, And liquidity for senators trading bitcoin. As long as the government can use bitcoin against bitcoiners, It’s game on. Aside from this all those trust funders with nice parents that learned solidity, Got a computer science degree at Stanford and got hired at USDC ain’t got no time for the bandits that made the currency of the dark web. It is the fact that the largest private bitcoin holders depend on their privacy that hands defi as a safe “decentralized” alternative to the public. Grandma can download Coinbase but multisig? And yes also, Mass adoption. I am starting to realize more and more that hyperbitcoinisation is really hyper dollarisation across impoverished nations with no tech sector. I do think good things are happening for El Salvador, I am glad to see the peace that has come after radical changes, But Argentina is the perfect case study. Stablecoins are more desirable than real dollars, Or Pesos, And most people don’t appreciate the value proposition of bitcoin there, But some money changers might speculate and get richer from bitcoin. Bitcoin will improve slightly over a long time but if you run a node, Have a cold storage, And can use bitcoin as a currency you are living in a bitcoin economy. I use dollars every day and I try not to use bitcoin as much as possible because of its appreciating value. Stablecoins are far more expendable and accessible by “regular people”.
Author Public Key
npub19v822v4ncvz96kgv8hycy72df9ws30zf0a25ej7vxr7v360mut5su5pf6r