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RE: Will The Hijacking Of USDC Open The Door For HBD?

in LeoFinance • last year

If the SEC's/Government's moves are helping Hive, then they have my support. As for the USDC, I am curious if we can look at it in a more positive light. There are other stablecoins available, so this shouldn't be that big of a deal. What I am thinking is that since BTC, maybe ETH, and USDC will be controlled by big corporations, wouldn't that make it easier for regular crypto users to convert their coins to fiat, and vice versa? Wouldn't this help open crypto up to easier mass adoption?

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         last year 

        Then, by you line of thinking, crypto is simply another asset class to move in and out of as opposed to the foundation of a new financial and commercial system?

        If that is your view, then what you state is correct. However, if you believe in the tenets of Satoshi, then replicating or mirroring the system is not going to achieve those ends.

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