Just corporate + govt surveillance v govt surveillance
Two sides of the same coin, both bad!
While I understand the benefit especially in third world countries that want to access currency benefit of USD, our end goals shouldn’t be to strengthen the U.S. dollar and imperial might, an IMF 2.0
This will not create a freer and more just world. Quite the opposite.
any ideas as to how the momentum can be stopped or diverted?
Journalism, community calling it out on socials, education, and getting in touch with your legislators when bad policies are put forward.
some good suggestions from a bottom up perspective. though, i am skeptical that regular people will take the time to learn about stablecoins and understand the attack vectors.
seems to me like lobbying might be more effective. make the case that SCs are a distraction and accumulating bitty is the real task. something along those lines.