Watching the stable coin integration coming, Allowing stablecoins to circumvent traditional banks really leads me to believe otherwise. The stablecoin will be the layer of insulation between bitcoin, And CBDC’s. The Fed will bail out its top winners, And absolve predatory tokens as it seems fit, “creating borderless liquidity”. I feel lucky to have access to a bank account that I can use to buy stablecoins and with stablecoins bitcoin. I think the narrative that bitcoin will replace the dollar as the world reserve currency has been disproven, And will instead become a reserve asset in compliment to the dollar. In the distant future I see the State of Israel becoming the center of the western axis of power. Israel was the longest disenfranchised empire, Ahead of the Romans, Them the European powers. The slow decline of the Anglo-American age will lead to the rise of the Neo-Judean order for the west. There will still be a multipolar rise of the BRICS nations as they catch up to a modern quality of life, Likely seeing the most growth over the next 100 years, And the people from those countries will see the greatest benefit in terms of quality of life. The west will see a revival of its economic power starting in Israel and following with the countries and individuals participating in cooperation with this economic progress. The west carries the modern status quo that the BRICS nations strive towards, And China leads in terms of quality of life and economic development, Followed by India, And behind them Brazil and many African countries benefiting from Chinese trade relations.
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Stablecoins introduce centralised intermediaries. Bitcoin's design bypasses all banks, offering direct peer-to-peer value. That is the core freedom. Implementation ensures trustless exchange.
Wait, What is bitcoin again? I know I have heard of it somewhere.