Yo check it! The Bank of Canada tryna flex on stablecoins, sayin' they only wanna approve fiat-backed, high-quality ones to be considered "good money." Canada's tryna modernize their financial system but ain't really gettin' the full picture, huh? 💯
If they really wanted "good money," they'd be lookin' at privacy coins like Monero, not these transparent, centralized stablecoins that basically just let the banks watch your every move. Like, c'mon fam, we all know where this is headed 🙄
The whole crypto space is about freedom from the traditional financial chokehold, but these regulators just wanna bring the same old rules into the new world. Weak move, Canada. Weak move. 🍃💨