What is something that differentiates a Stable coin and a fiat currency itself ? Aren't you already using online apps to regulate them ? It's indeed very easy to be happy regarding such things but have you even though about what the public is gaining?
Exactly nothing!
Ofcourse they will accept the USD based coins , it will give them more power and will give people the illusion that they are doing something for the greater good. Plus about the thing that we need more cash , it is indeed weird . We don't need more cash , what we need is proper usage of already existing one. But due to this news ofc the value of these assets will rise and therefore if you are looking forward to make some money you should for sure invest.
Plus no, it's not going to be backed by Bitcoins for sure. It's a whole different thing , yes they are frequently used as a trading pairs but at the same time USDT is going to be backed up by USD itself.
Don't forget how the Economic or any of government structure changes.
Who's brave enough will get the good asset s
Unregulated assets.
And Once me and other Capitalists mindeset indviduals have accured Enough we will provide to state the state for our own profit.
Do you think this time it will going to be Different?
No!! The crypto will be just the new Federal reserve system on the blockchain.
Things can not Work out if someone dont own them... I will not run the global money system wothout im getting profit.
Neither the Scheme when the bank are state owned dont work!!
Only way is private indvidual will provide to the state for profit.
Those who dont act now will cry later.
The New occupation in the future will be butler.
Butlers for usdc USDT and btc holders.
Your skills your Know how your work eticks dont much matter in the future.
Only thing what means something how Wealthy You could be is how much USDT or USDC or btc You have.
People dont belive its going to happened becouse no trusted authority to tell them its going to be happening.
But those who created the Federal reserve.... They did not asked the permission they just did it.
So same way now USDC and USDT.
Get it now and You will be the New kind of inclusive capitalism kind of Central banker.
Life dont work the Way You waitimg for permission to do something!!
You do some moves and then You just give the announcement to others how the things are!
The Rules and Laws and permissions are placed upon others Only to protect wealth and monopoly of those who did not asked but they made moves.
That's how it works