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Stablecoins will become the largest holder of US Government debt (kunle.app)
3 points by kunle on May 6, 2024 | hide | past | favorite | 2 comments


the gang solves consequences of quantitative easing *cues always sunny intro song


I mean it is going to be so good to watch. you couldn't write a conspiracy theory this good.

I do think that other than for the censorship resistance use case, this was always going to be inevitable for whatever the reserve currency was. It was only a matter of time.

(Also makes me think a gold backed stable is inevitable on some time horizon)




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