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Cake day: March 17th, 2025
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vermaterc@lemmy.mlto
Technology@lemmy.world•European banks to launch euro stablecoin in bid to counter US dominanceEnglish
0·2 months agoWhat is the use case of stable coins? Fast international money transfer? Or are there other I’m not aware of
The main problem is that mobile OS is simply not useful without banking or government apps and they won’t ever appear on FOSS systems because giving control to user is exactly the opposite of what’s in their interest.

So how dangerous is that really? I assume one day we’ll finally see investors saying, “Nah, that’s a bubble. I’m not gonna see any returns from those companies - I’m selling.” Then stock prices will fall, and some investors will lose money by selling for less than they bought. After that, AI unicorns will start to lose funding and close their businesses, laying off people.
But will I - a person who does not work in the AI industry and has not invested in AI companies - be affected by this?