Yes that is all true. I also think we are going to be in for some surprises with some of the heavily used stablecoins.
I believe we will see regulation, it is just a matter of how much. Regardless of what, I am sure audits will be part of it. That is where I feel something like Tether could blow up. Do they really have that many USD behind it?
We will see but that could be an "Enron moment".
HBD has the transparency that it is all on the blockchain. We do not need to question the amount out there or what it is backed by. Anyone can see it.
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