PayPal’s stablecoin is a disaster for crypto. Here’s why:

Paypal can never be trusted again

Absolutely

It’s easy to build a CBDC using ETHEREUM but the same isn’t true about #XRP. The #XRPL is the only way to achieve real DECENTRALIZATION through a permission-less blockchain.

Well said, stable coins are just fiat with more middle man

well said no one made this point on the spaces this morning.

I tried!!!! 😂

Your accent is becoming more American

i know 😭

I can’t even watch the video cause the thought of your voice and the way that tiny ass hand is waving around already makes me want to 🤮

It's evident from Worldcoin, PYUSD, to Whole Foods biometric payment system, that we're veering away from Bitcoin's principles and leaning towards CBDC-like features. Opting for these coins equates to supporting a CBDC. Don't paint yourself into a corner for a little convenience.