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by alchemist1e9
594 days ago
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Governments don’t like stable coins so even if it is perfectly 1:1 they will still try to find a way to go after them. Other commenters have hinted the path is “sanctions” for not enforcing some controls.. Personally I can’t wait for governments to go after stable coins, then Bitcoin will really “moon”! |
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There are plenty of regulated stablecoins [1]. Hell, my state is launching one [2].
Governments usually have to subpoeana banks to get transaction records. With a stablecoin, those records are centralised.
[1] https://home.treasury.gov/system/files/136/StableCoinReport_...
[2] https://www.ledgerinsights.com/state-of-wyoming-plans-stable...