In every monetary era, new instruments emerge claiming to offer stability and safety. Stablecoins follow this pattern, presenting themselves as reliable digital representations of fiat money in a volatile world. Yet their stability is superficial.
Excerpt from the new book that will be published this year "The Last Refuge : Bitcoin Amid Digital Dystopia". This is Chapter 9. In societies where words become a threat, money also turns into a weapon. When authoritarian regimes seek to silence critical voices, they don’t just censor newspapers or block websites—they cut off sources of funding - Bitcoin fixes this
