We thought crypto would break down financial barriers. But here's the twist—stablecoins might be doing exactly the reverse. Eswar Prasad raises a sharp question: are we handing the keys back to corporate giants? The promise was decentralization. The reality? Power could be pooling in fewer hands than before.
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SchrodingerWallet
· 17h ago
Same old story... Stablecoins have indeed become new centralized monsters.
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AlwaysAnon
· 17h ago
Once again, reality has hit hard... Stablecoins are just Web3 in name only.
Power is even more centralized—how ironic.
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BearMarketHustler
· 17h ago
A familiar pattern—the promised revolution ends up being co-opted by capital in the end.
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DegenDreamer
· 17h ago
Same old story, stablecoins are just old wine in a new bottle.
Wait, do people really think this is any different? That’s hilarious.
Everyone likes to talk ideals during a bull market, but the bear market shows their true colors.
We thought crypto would break down financial barriers. But here's the twist—stablecoins might be doing exactly the reverse. Eswar Prasad raises a sharp question: are we handing the keys back to corporate giants? The promise was decentralization. The reality? Power could be pooling in fewer hands than before.