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029 - Jose Birkin: Montelibero, Libertarian Governance & Tokenomics

Free Cities Podcast

CHAPTER

The Importance of Stablecoins in the Future

I understand why you decided to create your own stablecoin. Part of the reason is also because euro fees in Montenegro are astonishingly exorbitant, like 10% to get money out of the cash machine and ridiculous things like that. So it's just impractical to use the local banking system because it's far behind the times. I can't use my wise wallet here, etc. And Salvador is the same, you know, you pay with Bitcoin, but the person receiving is probably converting it to a USD USD stable coin. Obviously, we expect the volatility to dissipate in the future as we use you go into the future.

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