Everyone In Crypto MUST Understand Stablecoins (Enemy Of Bitcoin?)

Stablecoins sound boring but they are the backbone of DeFi. The decentralized stablecoins we know today like Tether, Pax, and DAI are under attack by centralized stablecoins and the soon to arrive Central Bank Digital Currencies (CBDC’s). Centralized Stablecoins are the trojan horse for governments to make programmable money; subverting crypto to turn it into their own centralized, discriminatory, freedomless society. The stakes are high and you need to know what’s happening behind the scenes.

In this video, we are taking a look at fiat-backed stablecoins and the push toward CBDC’s. We’ll talk about the effects of governments like the US and China creating their own CBDC. How bad would this be for the decentralization of crypto?

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