RE: Brazilian Bank Launches USD Stablecoin

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Brazilian Bank Launches USD Stablecoin

in crypto •  2 years ago 

And the brazilian government wants to launch a CBDC in only a few years. This give me nightmares, because the brazilian government is corrupt and destructive, and the taxes can take >50% of your money 😐

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2 years ago by
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      ·  2 years ago  ·  

    lol. good point.
    At the moment, their USD-peg is only within Mynt - we shall see if they extend it to other networks.
    The irony of some people dreading the dollar collapse, while others accumulate. Indeed, many countries have been buying dollars to pay off their dollar debts ;-)

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      ·  last year  ·  

    If the central banksters have not thoroughly corrupted and crippled their gov, this is a good time to buy back sovereign bonds at much cheaper prices. IF they have any money!

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      ·  last year  ·  

    big IF.
    corrupted gov and captured agencies will do whatever is the worst option.

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