I don't know why government are not seeing what cryptocurrency can bring to table and how it can make things easier for them and the people. Instead of trying to manipulate banks, we can use that energy to build infrastructure for crypto
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The Fed would be smart to support stablecoins since most of them use USD as a unit of account. This will only extend their monetary policy and help to push the USD further out.
After all, if someone in Kenya gets ahold of HBD and holds it, that person is effectively storing value in USD.
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Agree fed could do that but fed like to have only usd as only currency
They do, that’s why there reacting the way they are.