I'm glad to see Visa suffer, but I'm pretty concerned that Wero requires a proprietary phone app. There is no way to shop using Wero without this proprietary software.
Alas I don't think the USA will have the political stability to ultimately allow the adoption of an alternative. There is zero point building something that also accommodates the USA right now as the new King is quite likely to ban it and waste all the time put into it. Even a treaty put in place wouldn't stop this from happening, so frankly its not worth an EU or any other countries company anticipating doing anything with the USA for the foreseeable future.
So he'll probably ban OTHER stablecoins to get a monopoly, and probably have the government sign a 10 years long binding contract with his own business.
I'm glad to see Visa suffer, but I'm pretty concerned that Wero requires a proprietary phone app. There is no way to shop using Wero without this proprietary software.
Alas I don't think the USA will have the political stability to ultimately allow the adoption of an alternative. There is zero point building something that also accommodates the USA right now as the new King is quite likely to ban it and waste all the time put into it. Even a treaty put in place wouldn't stop this from happening, so frankly its not worth an EU or any other countries company anticipating doing anything with the USA for the foreseeable future.
"Stablecoins" exist and are among the most popular cryptos 1.
Trump literally has his own stablecoin 2, not to mention other crypto grifts.
At the end of the day capitalism is a grift regardless of the food chips used.
So he'll probably ban OTHER stablecoins to get a monopoly, and probably have the government sign a 10 years long binding contract with his own business.