If 2020 has been the year of DeFi, 2021 the year of NFTs, what would 2022 be, the bear market year?... I frankly have no clue if we're going to enter a bear market, especially a multi year one, but I'm thinking 2022 could be the year of WEB3 and stable coins.

And by the year of stable coins I'm not talking stacking these and earning interest by doing that, like you could do for example with HBD, but the year when stable coins might become payment currencies in certain parts of the world.

China managed to literally "kick Bitcoin" out of the country in 2021 and it has just launched the digital yuan. [China’s leading messaging application – WeChat Pay – will reportedly begin supporting the e-CNY](https://cryptopotato.com/messaging-app-giant-wechat-to-support-digital-yuan-payments-report/) and plenty of drums are beating for promoting the digital yuan at the Olympics this year. 

The government/central bank has even organized lotteries worth close to $5 million in the digital yuan to incentivize the Chinese to use it. AliPay is supposed to be integrating it as well and sooner than later cash will be history in China, and no Bitcoin to circumvent the tyrannical system for the Chinese citizens.

![blogcashless.png](https://i.imgur.com/1HNzL3l.png)
[image source](https://www.google.com/imgres?imgurl=https%3A%2F%2Ffineksus.com%2Fwp-content%2Fuploads%2F2019%2F11%2Fblog-cashless.png&imgrefurl=https%3A%2F%2Ffineksus.com%2Fwill-chinas-cashless-society-change-the-banking-system%2F&tbnid=P0iaqOUifO49LM&vet=12ahUKEwittI-Zh6P1AhU9wAIHHZK7AXUQMygDegUIARDcAQ..i&docid=tndZpQAEX2uxvM&w=1200&h=600&q=cashless&ved=2ahUKEwittI-Zh6P1AhU9wAIHHZK7AXUQMygDegUIARDcAQ) 

[Online payment giant PayPal is back in the crypto news headlines, for reportedly exploring the launch of its own Fiat-backed stablecoin](https://www.exodus.com/blog/paypal-stablecoin-launch/) and it seems like everyone is getting into stables and the digital cash is eating "the cash as we know it" little by little. 

Technological progress is something you don't want to stay against and crypto is proof of my saying, but I don't see technology being used for the sake of the progress of us as a species in all the instances it is being used.

I don't see the digital yuan for example of *bon augur* because this is the example of total control of the governments over ones personal finances. Neither am I excited by no damn stable coin from PayPal, cuz PayPal can be used as a database as well.

Tbh I'm not too excited about using CEXs either, because I'm aware these can't grant me much privacy. HBD can become a great alternative to all of the above and tbh, I'd rather use HBD as a means of payment than any other stable coin the world.

I'm not stating that based solely on performance of the coin, but more from the perspective of being "a financial product" of a decentralized blockchain that can grant me privacy. An important value that humanity is gradually loosing.

When you use the digital yuan or the PayPal coin, you're basically becoming a trace in a database, but when using a decentralized blockchain and its currency, that is simply not the case anymore. The wallets on Hive are public and so are some of the transactions, if not all of them, but there's no ID tied to any of the accounts.

The personal info you guys have on me is what I let you have, while the blockchain treats me as a wallet address and nothing more, but if I want to go full anonymous, I can do that by creating another account and use it as such. Hence HBD can become a better alternative as a payment currency to all of these others and I would really use it as such, if possible.

What about you?

*Thanks for attention,*
*Adrian*  
  

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