When the giants start issuing their 'own money', this isn't just entering the game, it's flipping the table and becoming the new dealer!
Hey, I gotta tell you, the Wall Street Journal just broke the news (Walmart and Amazon want to create their own stablecoins), the crypto world exploded! This isn't just any small-time project, these are two super giants with hundreds of millions of active users and shelves full of products in your living room, kitchen, and bathroom! What’s the concept? Brothers, a large-scale deployment nuclear bomb could really go off!
Let’s break it down: this matter affects the big shots:
Hundreds of millions of newbies are being forced to get on board, and there's no stopping them!
Imagine this: Tomorrow, when you place an order on Amazon, suddenly there are multiple payment options for 'Amazon Coin' (like $AMZCoin), which offers discounts, rewards points, and priority shipping… would you use it? It sounds amazing! At Walmart, 'Scan your Walmart Coin wallet to save $5'!I dare say, just this one move can turn millions of elderly people who have never heard of what a private key is into stablecoin users in an instant!Threshold? Does not exist! It’s even easier than using Alipay. This wave of user growth could turn the current number of crypto users into dust! Just thinking about it is exciting!USDT, USDC? Even in front of the giants, it has to tremble!
Is the stablecoin world now ruled by USDT and USDC? Nonsense! If Walmart and Amazon really start their own coins, relying on thatterrifying transaction volume and user numbers, they could snatch a huge piece of the pie in no time!Why? Because they haveready-made, gigantic payment scenarios.Ah! No matter how good USDT is, can you swipe it directly at Walmart? (You can’t now, right?) It’s like if Taobao released a 'Taobao Coin' that could be used across the internet with discounts, who would still stubbornly cling to WeChat Pay?Giants come with their own traffic and scenarios, that’s the real bomb!Regulatory dad can't sit still: 'Little kids, stop playing, it's time to set the rules!'
In the past, regulators might have viewed Tether (the company issuing USDT) with a bit of a 'grassroots' filter, but now that Walmart and Amazon, these 'favorite sons', want to play?The central bank and SEC’s old fellows will definitely hold an overnight meeting!Why? If these two mess it up, it will affect not just the crypto world but the entire retail industry and even financial stability! So,a stricter and faster regulatory iron fist will definitely come down!This will cause short-term pain in the industry (it might kill some small altcoins), but in the long run,Once the rules are in place, big funds will dare to enter the market!I actually think this is a good thing; the chaos needs to be addressed!'Centralized' monsters are coming; is the ideal of decentralization still attractive?
Brothers,the painful truth is coming:Walmart Coin, Amazon Coin, those are 100% controlled 'private money'! How much to issue? When to stop? Who sets the rules? It’s all up to the giants! This is in stark contrast to what we in the crypto world seek: 'decentralization, resistance to censorship'It's completely contrary!Just think about all your shopping data and consumption habits being tightly controlled by the giants using their own coins...Chilling when you think about it!This is definitely a slap in the face for the belief in 'decentralization'! Are we embracing convenience or sticking to ideals? This choice is quite a headache!
Crow's viewpoint:
This is definitely the biggest catalyst for cryptocurrencies to go mainstream, no exceptions! The user volume and attention it brings is at a nuclear explosion level! But it’s also a double-edged sword:
Good news for the whole market: More people will know about cryptocurrencies, infrastructure (wallets, payments) will definitely develop greatly, and the overall market pie will grow! BTC, ETH, these hard currencies may become even more valuable as 'reserve assets'.
Bad news for 'payment-type' altcoins: Those small chains claiming to 'disrupt payments' will have even less survival space under the giants' pressure.
A huge challenge: centralization, privacy breaches, regulatory risks, these issues will be magnified infinitely! 'Too big to fail' private currencies sound terrifying!
Brothers, the giant's scythe is already raised. Is this round cutting leeks or offering benefits? What do you think?
Can Walmart/Amazon coins take down USDT?
Are we welcoming 'convenience' or clinging to the chastity of 'decentralization'?
Is there a chance for small investors hidden in the gaps of the giants' ecosystems? (For example, blockchain projects providing services for the giants' supply chains?)
Let the comments section heat up! Crow will select three excellent comments from the fan group and give away a 'Survival Package against Giant's Scythe' worth $50!
