Quote from: HammadAli on November 26, 2019, 06:38:53 AM

Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."

He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."

Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back

but investing in btc is just like gambling no one can predict the next hour of btc while stablecoins on the other hand has the edge that they are not so much volatile like bitcoin and manufactures may prefer these stable coins or banker coin for the trade. there are certain addresses which hold the 80 percent supply of bitcoin and they are the real manipulators who manipulate the market according to their will

Muhammad Muneeb

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