A stablecoin known as “USD coin,” which Circle says is pegged 1:1 with the U.S. dollar, will be available to buy and sell on Coinbase’s popular trading exchange as of Tuesday. “
What the hell is the point of that?
See #11.
I assume so people who want to speculate on bitcoin or other CCs can trade in and out of dollars more easily. Right now to exit CC temporarily you have to sell them for real dollars with a high commission than trading CC for other CC.
They want to move you to digital currency so they they monitor literally everything you do... they can use fbook and google to monitor your spending habits ... they can implement negative interest rates... they can introduce minimum liveable wages ... and most of all they can hide the fact they stole all the social security money and they have no way to pay any of the unfunded pensions that are about to bankrupt 100 cities!!!!
When the currency reset happens... they need negative interest rates to be able to force you to spend... as everyone will naturally be hoarding money.