I will, lol. Tether is on of the largest bond holders and Circle is a publically traded company now and both are going to be highly regulated. Most average users have shit OPSEC and have their addresses tied to real world IDs. Not going to be much different than a CBDC, especially since we know they can sanction addresses.
I generally tend to not put any faith or trust that the government will do anything good for the people. It’s all about control for them. I got into crypto to opt out of the system, not cheer on more regulations and control.
I know this is pro crypto, correct? That’s all I know about it.
yep. Sets legal requirements for stablecoins so they can be integrated into the large economy
What do we expect from the ACT?
so many things.
Its kind of fail safe for USD falling isnt it?
maybe
USDT and USDC are officially the CBDCs, lol
eh…. I wouldn’t exactly say that
I will, lol. Tether is on of the largest bond holders and Circle is a publically traded company now and both are going to be highly regulated. Most average users have shit OPSEC and have their addresses tied to real world IDs. Not going to be much different than a CBDC, especially since we know they can sanction addresses.
we can agree to disagree.
I generally tend to not put any faith or trust that the government will do anything good for the people. It’s all about control for them. I got into crypto to opt out of the system, not cheer on more regulations and control.
What is the law about, my friend?