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2025-05-09 14:11:31

OceanSlim on Nostr: gladstein I heard you recently criticize the fact that some people argue ...

I heard you recently criticize the fact that some people argue tether/circle etc are not CBDCs because they aren't directly issued by the government. I would just like to ask how that isn't a distinction without a difference. Dollars are not issued by any government either... The federal reserve is as much of a private institution as tether is. The point is the US can absolutely survail and censor tether the exact same way they could with any stablecoin they issue directly. Do you care to add some context or provide a counter argument that would otherwise change my mind?

#asknostr
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