Quote from: Polo7 on January 06, 2020, 12:39:27 AM

If they Plan to kill and drop the USA dollar then why they work with so many USA dollar based stable coins like usdc thether and pax....

You're asking this question, but your assumptions are all wrong. Stablecoins aren't created to compete with the USD or any other fiat currency as far as I know, and their purpose isn't to destroy fiat at all. They basically function as a substitute for fiat on crypto exchanges, so instead of cashing out your bitcoin for USD, you trade it for Tether or some similar stablecoin--so you're never really dealing with fiat currencies at all. I'm not sure what the advantage is of this, because I've never read a good explanation anywhere. Those are just my own thoughts.

Kind of makes me think of Libra and why Facebook wants to create a stablecoin. My guess is that it would allow them to collect data on users' financial transactions, which they can't exactly do right now when people are doing transactions through their banks. I don't know what people are supposed to use Libra for, but I'm assuming it would be for FB-related stuff. I'd love to hear somebody's input on that if they know something.