Nostralia on Nostr: The topic of CBDC is probably a case of the banking families / dynasties that make up ...
The topic of CBDC is probably a case of the banking families / dynasties that make up the banking cartel have two alternate realities 1. CBDC overtly (DEM) or 2. CBDC in stable coin clothing (REP)
The Lumis-Gillbrand Payment Stablecoin act that prohibits algorithmic stable coins makes fairly clear the path from stable coin to CBDC. Banks acquire / become the stablecoin issuers with increased programmability functionality.
I’m sure Trump personally doesn’t have the topic of stablecoin effectively becoming a CBDC on his radar.
When the more dystopian elements of the ‘Lumis’ stablecoins get exercised via the banking system (for example Canadian trucker protest 2.0 on steroids) it will serve to further increase lightning focus & adoption.
The Lumis-Gillbrand Payment Stablecoin act that prohibits algorithmic stable coins makes fairly clear the path from stable coin to CBDC. Banks acquire / become the stablecoin issuers with increased programmability functionality.
I’m sure Trump personally doesn’t have the topic of stablecoin effectively becoming a CBDC on his radar.
When the more dystopian elements of the ‘Lumis’ stablecoins get exercised via the banking system (for example Canadian trucker protest 2.0 on steroids) it will serve to further increase lightning focus & adoption.