Stablecoins enable the United States to extend its currency area to other countries without printing paper money, thereby also exporting its inflation. This works as long as the local currencies are weaker than the US dollar. It has only a temporal effect on the end of the US dollar. That end, however, is inevitable. If people actually begin exchanging their stablecoins for Bitcoin because they need a reliable store of value, there will be a supply shock. Then everything will happen very quickly.

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GM

Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say. ~ Edward Snowden

GM Der menschgemachte Klimawandel ist real. Verursacht wird er durch Windkraftwerke. Gegen die Physik kommt niemand an.

Almost bobody knows how Fiatmoney works. Still it is used by stupid and intelligent people. More stupid people will use Bitcoin sooner than inteligent people. Not because they understand it faster but because the will have a need sooner. - Just my two cents. Might be wrong. We'll see.

This picture says it all: we in the EU act like we could move mountains, even when there aren’t any. Another example: we claim to have the best AI regulation, but we have neither AI nor the electricity for it; instead, we are heading toward a gas shortage. Don’t even get me started on the regulation of Bitcoin.

GM

Freu mich auf die Folge.

Mein Großvater pflegte auf Familienfesten immer zu sagen: " Esst und trinkt solange es schmeckt. Zweimal ist die Währung schon verreckt." - Damals hatten wir die DM noch.

Warum müssen Rücklagen gerettet werden, wenn sie doch bei der Bank sicher sind? Merke: Wo nichts ist, kann auch nichts verloren gehen.

GM