Could the "monetization of everything" provide a cushion for the ever-growing inflation fears?
Fears are going to exist whether they are unfounded or not. Long term, we see the fears are not there. Of course, the crushing of the economy will eliminate that talk.
If we digitalize everything and unlock the dollar value of so many assets won't we need a lot of Dollars in circulation to meet the demand?
BINGO!!!
And since we know banks will not be creating them, who is going to? Where are we going to see the shortage of dollars made up?
My answer is stablecoins. This is where the true opportunity is (well one of them).
It is such a simple concept to understand once people grasp the Fed does not create legal tender and Fed created reserves mean nothing to the global banking industry.
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Huh. So my crazy theories actually make sense in the real world? Good to know.
I'm just worried that retail will bite the CBDC bait and chose them over decentralized solutions at first. Probably gonna take time for stables to become more popular with the general public but CBDCs could end up being a good intro.
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To me they do.
They might. We will have to see. There is going to be a lot of competition. Governments are going to run into a lot of issues.
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