❇️ ARE THEY PLANNING TO BAN ALL STABLE COINS THIS YEAR??
Yes, you heard that right! Are the centralize banks planning to "BAN" all stable coins this year? It seems likely they will be able to do it. 🤦
This is a huge "punch in the face" to the whole cryptocurrency space and if this happens, it's going to get really bad. 🙇
It seems that the Governments and the Central Banks of the world are taking huge steps right now (as I write this post) to make it happen.
You can read the article right here:
https://cryptobriefing.com/central-banks-recommended-ban-stablecoins/
I've already seen numerous post from "Moon Boys" saying that it's impossible to Ban "Stable Coins" but I highly must disagree.
As most stable coins are centralized (some are not)... All they will have to do is attack all the crypto exchanges to make this happen.
Yeah, they can be peer to peer trading and things of that sort but this will destroy mass adoption, critically destroying all momentum.
In the last few days, These Stable Coins must know something is going on as 2.3+ Billion was "just printed" across all stable coins. Insanity! 😰
Are they getting ready for the BAN by printing as much as they can right now so they can just buy Bitcoin? Who knows? 🤷♂️
As governments and central banks focusing on creating their very own digital currency, I can see that they are going to push very hard for the ban of all Stable Coins in the near future.
This is one of the most important crypto news in 2020 but it seems that it's being pushed under the rug as most people don't even want the idea of it happening.
This are getting pretty damn crazy!! keep Informed!
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Crazy stuff.... they are printing TRILLIONS and they want to shut down stable coins... what a joke!!! Government has/wants everyone by the balls!! F$&@ them! Bitcoin once everyone realizes wants going on will go over $100,000 !! Stay safe my friend. Great write up!
I know, right? Man... the new world order is true! Welcome to modern day slavery lol
I've always thought (had in the back of my head), that the whole thing was a few years 'test run', for a central banking crypto.
hello dystopia....
Crazy huh, we all might of been rats in the lab lol
Its being gone horrible for ban all stable crypto coin, all those platform will be lose their hope for future.
I hope they don't but its highly likely they can put tons oof regulations on them. hmmm
Signed up to pi
HAHA, I have about 3800+ personals so far... lets see where they can take this project, it better not flop lol
hmm, centralise huh. Well, it's not fair but it's their process so maybe there's nothing we can do about it.
Recommendation is far away from implementation 😀
This news maybe snowed under in your opinion, however the fact the the finance segment will not leave cryptocurrencies in the Wild West territories as it is today, shall be 100% clear to anybody. Although crypto can do good to societies, communities, and individuals, it is too unregulated to allow it to become somewhat dominant, ie Wild West needs to be a more calm territory like most of the societies we have around the world. That require something more on governance then we have now. What this shall be, I don't have the answer. What I do know is the Wild West times shall be made history at some point in time for crypto currencies to become a more dominant currency type.
I don't know enough about this, but I think it will be difficult to ban it all together, but they can make thing difficult!!