I don't care, it's not my party or my beer.
I can currently receive Tether on 6 chains & instantly swap it out for liquid BTC. I don't have a way to easily receive circle yet in the same way. It's pretty impressive since I have no idea how any of these shitcoins work aside from liquid & I'm not about to waste more time that I need to on them.
Having tether available gives me more ways to buy stuff from people who don't know what money is. It's not my first choice of currency but I'll take it if they have it.
I think you underestimate the incentives driving the proliferation of stable coins. They're more about financing USG debt than cheap, easy USD denominated payments. They'll figure out a way to make it easy & convenient for normies even if they have to choose a winner.
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I agree with you, I can see all of that happening, and I can see them choosing a winner
I can see merchants and money services all across the economy adopting that winner
I just can’t see them not offering bitcoin alongside, without a ban on it, which is a Streisand effect
It looks to me like all roads lead to bitcoin
Absolutely 100 fucking percent.
One might be inclined to think it's inevitable. 😁