Posted 2 weeks ago | by Catoshi Nakamoto

Stablecoins sound boring but are the backbone of Defi. But the decentralized stablecoins we know today like Tether, Pax and DAI are under attack by centralized stablecoins and the soon to arrive Central Bank Digital Currencies. Doesn’t sound like a big deal right? Wrong. Centralized Stablecoins are the trojan horse for governments to make programmable money; subverting crypto to turn it into their own centralized, discriminatory, freedomless society. The stakes are high and you need to know what’s happening the behind the scenes.

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About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g Everyone In Crypto MUST Understand Stablecoins (Enemy Of Bitcoin?)Activist/Journalist, former writer - We Are Change, The Mind Unleashed, Coinivore, others. Currently writing for - Activist Post and Bitboy Crypto. Not Right or Left Apolitical. I Care About Truths (CATS.) Cryptocurrency enthusiast, I mined and lost 100+ BTC in 2010-2011. I work with - Bitboy, SoMee, CEEK, Presearch, and W3BT aka FMW Media Group. Friend of mostly everyone who isn't a dick. Just A Cool Cat.