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20763414 No.20763414 [Reply] [Original]

Will crypto really replace fiat in the form of stablecoins? If so, do you think it's going to happen within this decade? What is stopping normies/governments from adopting blockchain tech?
If you are a shill, don't bother selling your shit here or your mom will die in her sleep tonight. Your dog will get hit by a truck too. I am warning you. Serious discussion only.

>> No.20763434

>>20763414
Not in the form of stablecoins but in the form of CBDCs.

>> No.20763440

no but fiat will be issued on blockchains

>> No.20763547

>>20763434
>>20763440
Wouldn't decentralization make it more secure? Governments can still require KYC for wallet ownership if money laundering becomes a problem.

>> No.20763562

>>20763414
we already have digital dollarinos

>> No.20763626

>>20763414
china launched its DCBC and partnered with huge private companies to force adoption. its already here

>> No.20763703

>>20763626
When will burgers have it then? US banks now accept crypto but I don't see the government aggresively moving toward mass adoption of blockchain tech unlike in the East.

>> No.20763836

>>20763547
>Wouldn't decentralization make it more secure?
Governments do want decentralized mate (hardly any cryptos are actually decentralized btw lol, they're all data center coins). CBDCs give them even more control and even more data than normal fiat. Allows them to implement automated taxes, negative interest rates, freeze your account for being "alt-right". They won't be able to resist.

>> No.20763845

>>20763836
*don't

>> No.20763866

>>20763414
No. The most powerful institutions on earth depend on the nature of fiat to be printed out of thin air and to appear or disappear instantly. It will never be on a blockchain and crypto will never replace it as the main form of currency

>> No.20763886

In all truth, not without Jew and/ or chink instigated conflict. But the price will go up.

>> No.20764332

>>20763866
People will sooner than later realize fiat does not have any value if this is the case.