I’m not gonna lie
stablecoins are pretty fkn convenient
I had a customer pay for her roasted coffee order on Venmo
I converted the $26 to PYUSD
& sent it to Kraken
it took 30 seconds to receive
I then converted the PYUSD to $USD
it cost me .01¢
I then converted the USD to BTC
& opted out of the system altogether
I did all of this in 4-5min time
using the old antiquated banking rails, it would have taken about 4-5 days to stack those sats on another platform
well, the IMF just now woke up & realized that the cat is out of the bag… & since the IMF lends directly to central banks & finance ministries… Bitcoin & stablecoins put them out of business
👋🏼 GOOD RIDDANCE
At what point from $650 to $126,000 were we being irrational & delusional?
Pretty much the whole damn time… So why stop here?
3yrs of QT just ended on Tuesday, DOGE austerity failed… & AI is now considers a national imperative.
Longterm…. Bitcoin is UP ONLY