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/biz/ - Business & Finance

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18509519 No.18509519 [Reply] [Original]

https://cryptobriefing.com/central-banks-recommended-ban-stablecoins/

>> No.18509562

>>18509519
well it makes sense if you think about it...
basically it's the central banks job to oversee money issuance. they can't have random private citizens or corporations issue their own money.

especially not when it's obvious there are fractional reserve schemes going on everywhere. direct competition to the bankers. can't have that.

>> No.18509570

Considered and disregarded

>> No.18509599

won't happen for a few years

>> No.18509617

Fuck the banker kikes. I’ll use whatever money I want.

>> No.18509635

tl;dr;ns

>> No.18509642

>>18509519
What a coincidence this is right when Libra said its going to release stablecoins for every currency. Big surprise. So they're either doing it to fuck Libra in the ass OR they're doing it to fuck Libras competition in the ass.

>> No.18509674

>>18509642
they don't like the idea of corporate sovereign currency anymore than i do. for entirely different reasons tho.

>> No.18509878

NOOOOO YOU CANT JUST INFLATE THE VALUE OF YOUR ASSETS BY ISSUING NEW CURRENCY NOOOO

>> No.18509917
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18509917

>>18509519
So DAI and the six billion tether on Ethereum will get shut down? Looks like Ethereum has painted a huge target on themselves with all their stablecoin defi garbage

>> No.18509995
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18509995

Friendly reminder that Tether's terms of service clearly states that any US persons are not allowed to own Tether. Yet no exchange prevents accounts from holding Tether even though they are aware the account holder is a US person.

Yes Tether has been a scam this whole time, no you can't actually swap Tether in for USD.