Viewing a response to: @drutter/it-s-official-cryptocurrencies-are-a-threat-to-the-global-financial-system
Ah yes, Quite right. ## [could-stable-coins-crash-the-economy](https://steemit.com/informationwar/@edicted/could-stable-coins-crash-the-economy) ----- I wrote about this exact topic 9 months ago. Corporations are about to find themselves wielding way more power than they can handle. An entire corporate shadow-banking system is emerging right before our eyes, and they certainly do not have the self-control to stop themselves from exploiting it into the ground immediately.
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Nice post, hadn't seen it! It's a mathematical thing. There's no ill intent on the part of the stable coins (or whatever you want to call them). It's just something that is bound to happen, in a free market... and cryptos are a fairly free market at this point. You're right about the corporations planning to exploit this new world to the best of their ability. I think new real cryptos will appear, to counter this new government and corporate digital currency push. At the very least it's interesting.
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