[jmstfv]

this is interesting.

my hunch is that we're moving towards more surveillance, censorship and deplatforming in the future, and CBDCs are a major tool for that.

I like Bitcoin, despite its problems (price volatility and quantum vulnerability) but I think censorship-resistant stablecoins would be a better solution for people looking to protect themselves from Big Brother.

[vablings]

Shockingly bitcoin gained a lot more power for me when prominent government officials started using it to start operating outside the checks and balances of the banking system.

[Tianning]

I saw Hong Kong launched stablecoin. How would it be less volatile than bitcoin?

[jmstfv]

Stablecoins are typically pegged to something, like USD or EUR, so their exchange rate vis-a-vis that currency is stable