utxo the webmaster 🧑💻 on Nostr: In Canada, the liberal government introduced a program called "safe supply" - a ...
In Canada, the liberal government introduced a program called "safe supply" - a program to give opium and clean needles to drug addicts
Of course there is nothing safe about it, but because it's directly in the name, everyone gets psyoped
This is exactly how I feel about "stablecoins". There is nothing stable about fiat, prices are not stable, governments are not stable, the custodians holding are not stable.
We should do better to reject this term otherwise we are just strengthening the psyop
They are fiatcoins, fedcoins, shitcoins... But definitely not stablecoins
Published at
2026-05-11 12:33:51 UTCEvent JSON
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"content": "In Canada, the liberal government introduced a program called \"safe supply\" - a program to give opium and clean needles to drug addicts\n\nOf course there is nothing safe about it, but because it's directly in the name, everyone gets psyoped \n\nThis is exactly how I feel about \"stablecoins\". There is nothing stable about fiat, prices are not stable, governments are not stable, the custodians holding are not stable.\n\nWe should do better to reject this term otherwise we are just strengthening the psyop\n\nThey are fiatcoins, fedcoins, shitcoins... But definitely not stablecoins",
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