"You can’t open your own private mint moving that kind of liquidity and hope to stay under the regulatory radar."

~ Roy Sheinfeld

Stablecoins are booming, but are they building toward something bigger - or just recreating the old system with a crypto coat of paint? Roy Sheinfeld breaks down why centralization guarantees regulation, and I go deep on why the real shift isn't technological - it's monetary. If stablecoins can't escape the state, and Bitcoin can, who wins the utility race in the long run?

Check out the original article: Stablecoins: Evolution, not a Revolution (Link: https://bitcoinmagazine.com/featured/stablecoins-evolution-not-a-revolution)

References from the episode

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