𝐓𝐗𝐌𝐂|Dec 20, 2025 17:14
It is more a story about stables than ETH. Stablecoins in USD or even EUR are more likely to proliferate as money in countries with weak currencies than Bitcoin because of its network effects and its relative superiority over lesser fiats. What most people want out of their everyday money is not what maxis say they want. This is the same story in Nigeria as in Argentina and elsewhere. The traits which make something a great store of value are often in direct conflict with the traits that make something an ideal everyday currency. I have articulated this in many posts and been called a fiat minded cuck permabear who doesn't "get it", but we have centuries of history to this effect.(𝐓𝐗𝐌𝐂)
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