Someone realized they forgot something important?
Beat me to it Loyce...
This is basically how I envisioned the shitcoinnery escalating. Perhaps a little worse. Mostly because of XRP honestly.
And I know that we've recently heard about tether on lightning and how exciting that is. Lol.
But stable coins are going to need these smart contract BS "big, beautiful made in the USA", shitty blockchains to run on when we issue that to save the dollar.
One saving grace could be if we can see taxes changed on how all this works because when money starts flowing into this stuff it's going to flow straight into Bitcoin. Peopleb will be able to trade tether for bitcoin without all the friction that they used to. There's definitely a silver lining here as much as this all sucks.
A lot of people are going to get hurt by some of this stupidity. On the other hand, which is propping up which is it shit coins propping up the US dollar or is it the other way around?
(Itl be both... Don't underestimate the network effect of the big daddy elephant sitcom of them all the USD)
Also looking forward to pivots from Ssylor, Lummis et al.
