unpopular take: stablecoins have ruined crypto.

while stablecoins have speedran crypto adoption & real-world use…

they are devoid of self-sovereign and cypherpunk values, with the education front completely missing the mark on the facts that they are:

❌ "self-custodial" in name only because they can be frozen or wiped on a whim
❌ depegs waiting to happen in black swans
❌ basically CBDCs skinned in corporate attire

i bring a sobered take on stablecoins in my latest video: https://youtu.be/H2rBW_5k3io?si=56bU1zVSu_Moffow

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👋 if we're meeting for the first time, my name is tim 🙂
i run a small, independent youtube channel called 90 seconds to crypto. my mission is to help offchain luddites become onchain sovereigns. crypto youtube can be a cesspool, so i try to bring a principles, values-driven angle to crypto content on that platform.