Yes, I am also aware of this. The execution of an anonymous currency was done so poorly, for something trying to be an actual currency alternative, that is set having something like it back decades, if it didn’t kill the idea of a currency that a country didn’t control.
That’s just a Stablecoin, like Tether. Unfortunately, stablecoins have a rather tawdry history as ponzi schemes. Terra/Luna being a classic example.
Yes, I am also aware of this. The execution of an anonymous currency was done so poorly, for something trying to be an actual currency alternative, that is set having something like it back decades, if it didn’t kill the idea of a currency that a country didn’t control.
Has it set stablecoins back? Their market share would suggest otherwise.