The Stablecoin Joust: Why Central Banks Are Nervously Adjusting Their Monocles
Bitcoin, stablecoins, and the motley crew we lovingly dub “decentralized currencies” are essentially pointing at the traditional financial system and shouting, “You had one job!” The system is slower than a snail on tranquilizers, pricier than a gourmet seven-course meal, and prone to inflating currencies like a balloon animal in a child’s party. Enter decentralized finance: swifter, leaner, and less likely to make you cry in an ATM queue. But lurking on the horizon is the advent of Stablecoin Wars™, where central banks will no longer be monetary overlords but mere contestants in a giant cosmic game show. 🎤 “Will It Coin?”
