Der IWF warnt, dass die Einführung von Stablecoins die Kontrolle der Zentralbank ersticken könnte

tldr; The IMF warns that stablecoin adoption could undermine central bank control and monetary sovereignty, particularly in nations with high inflation or economic instability. Stablecoins, especially those denominated in U.S. dollars, can rapidly penetrate economies via the internet and smartphones, leading to currency substitution. This could reduce central banks‘ ability to manage liquidity and interest rates. The IMF suggests regulatory frameworks to prevent digital assets from being recognized as official currency or legal tender to safeguard monetary sovereignty.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Yeah, kinda a feature, not a bug!

Good. Y’all fucked it all up.

There is $388,000,000,000,000 of debt worldwide. That is about 5 times the annual worldwide GDP.

If we apply an APR to this debt of just 5%, that means the current system generates roughly $20T in additional debt each year. If we remove government debt, we are very, *very* close to having a public debt to GDP ratio of over 100%.

This is just fucking ridiculous. Stifle control? Lose control? Y’all, this is *out of control.*

FFS.