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Because some people need it more than us privileged folks Nigeria for instance

I have no problem with stablecoin proliferation in regions with civilian demand for it. My problem is with bitcoiners who start the sentence with “anarchy is cool” and finish the sentence with “and it’s great that the US will regulate stablecoins because it will reinforce demand for treasuries” (and therefore dollar hegemony). The US isn’t regulating stablecoins for the good of the Nigerian individual. It’s to retrench the dollar’s role as reserve currency and expand a corrupt government’s power further than it already reaches today. And yet a not-small number of “public bitcoiner voices” are cheering it on, hoping the bills pass. I don’t see how it helps Bitcoin. I *hope* it’s naïveté.

Meh, not really something to be hyped up about. It’s a nothing burger and boring really — lots of surveillance, U.S. gov control etc. But what I’m keeping an eye on are Dems overreacting to even this and going against it for consumer protection, national security, and Donald Trump bs lol. I’m like wow if yall are up in arms about this, you’re really gonna hate what we want to do with our bitcoin

Facts

Agree. Tether, Circle, et al are just private sector CBDCs that the government will force to spy on us.

Because they aren't actual Bitcoiners, they're fucking suits and feds.

1 THEYRE NOT BITCOINERS 2 BECAUSE THEYRE RETARDED

LOL 😅😓

My dude, this is an excellent take

Bingo

Math checks out