Giacomo Zucco (Bear Market Edition)
@giacomozucco
President @planb_network.
Sat Maxi. Cypherpunk LARPer. Pre-modern Qbist. Metaphysical Paleo-libertarian. Balanced-ternary Lesbian. Black-market Supremacist.
Joined July 2011
8.5K Following 87.2K Followers
"Stablecoins" are just centralized fiat credit, with some "blockchain woo"-derived legal arbitrage on top to get some more freedom in the secondary markets. They will be regulated, inflated and confiscated to death, inevitably, may it be in a few weeks or a few years.
It's not bad to use a temporary work-around, if and when it serves some practical purpose. But it's bad to forget fundamentals and get sucked into unsustainable delusions.
Bitcoin was, is, and will always be the real deal. Decentralized, inflation-resistance, confiscation-resistance digital cash.
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