Beep@lemmus.org to Technology@lemmy.worldEnglish · 2 days agoEurope’s $24 Trillion Breakup With Visa and Mastercard Has Beguneuropeanbusinessmagazine.comexternal-linkmessage-square261linkfedilinkarrow-up11.37Karrow-down13cross-posted to: hackernews@lemmy.bestiver.se
arrow-up11.36Karrow-down1external-linkEurope’s $24 Trillion Breakup With Visa and Mastercard Has Beguneuropeanbusinessmagazine.comBeep@lemmus.org to Technology@lemmy.worldEnglish · 2 days agomessage-square261linkfedilinkcross-posted to: hackernews@lemmy.bestiver.se
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up4arrow-down6·edit-219 hours ago I don’t think the USA will have the political stability to ultimately allow the adoption of an alternative. “Stablecoins” exist and are among the most popular cryptos (1). the new King is quite likely to ban it Trump literally has his own stablecoin (2), not to mention other crypto grifts. At the end of the day capitalism is a grift regardless of the food chips used.
minus-squarematlag@sh.itjust.workslinkfedilinkEnglisharrow-up1·8 hours agoSo he’ll probably ban OTHER stablecoins to get a monopoly, and probably have the government sign a 10 years long binding contract with his own business.
“Stablecoins” exist and are among the most popular cryptos (1).
Trump literally has his own stablecoin (2), not to mention other crypto grifts.
At the end of the day capitalism is a grift regardless of the food chips used.
So he’ll probably ban OTHER stablecoins to get a monopoly, and probably have the government sign a 10 years long binding contract with his own business.