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A comment on Web3 doesn’t care about privacy. Parent comment
Turkey was a well functioning democracy, until it wasn't, that was my point.
Did I say cryptocurrency fixes governments? No, I said you can store value in stablecoins when you have malfunctioning governments.
If I lived in Turkey, my wealth was largely stored in UST and NOT Lira.
Not goldbars, not USD or EUR cash, not in banks or any service they provide (except day to day needs of course).
So if you lived in Turkey and had about $200K, where would you store it?
Turkey was a well functioning democracy, until it wasn't, that was my point.
Did I say cryptocurrency fixes governments? No, I said you can store value in stablecoins when you have malfunctioning governments.
If I lived in Turkey, my wealth was largely stored in UST and NOT Lira.
Not goldbars, not USD or EUR cash, not in banks or any service they provide (except day to day needs of course).
So if you lived in Turkey and had about $200K, where would you store it?