The Dollar Can Be a Protocol for the Future of Money

Circle talks a good game in its lobbying efforts, encouraging open stablecoin competition, and I think we can take that, for now at least, in going ood faith. But as we’ve seen from how Google, Amazon, Facebook, et al. have doubled down on their extractive, privacy-abusing business models, despite a growing public outcry, any successful stablecoin company will face relentless profit-maximizing pressure from shareholders to carve out anti-competitive positions.