brypto

incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

real answer?

international txs

using existing rails cross-border is an incredible pain

Well that is the fundamental thing imo:

“You never change something by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” - Buckminster Fuller

Agree that the risk is that the new thing (stables) also gets heavily regulated and captured

But USDC is a wedge to truly decentralized stables

Stables are a trojan horse

Come for the medium of exchange, stay for the rails

Once you've accepted the new rails as good, you've been pilled enough to start considering non-sovereign money

The latter doesn't happen quickly, and requires more people to leave the dollar mental model, which will take time!