Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (33864)	8/18/2021 10:23:16 PM
From: Sun Tzu	Respond to of 97736

Stablecoins scare the crap out of central bankers. They will bring about the downfall of several minor currencies. Hypothetically, if I were to create a widely circulated stablecoin that is tied to DX futures, I can "mint" a more stable USD that could compete with the government issued one. Furthermore this could be used outside of the US and disrupt the petrodollar and the eurodollar regimes. And to boot, it will be easily transferable across borders, bypassing much of the banking system. And what if I were to make it even better by also adding in fractions of EUR, JPY and some gold and silver for good measure.