I have FDS

Fiat derangement syndrome

I see people embracing stablecoins I get triggered

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Discussion

Bitcoin is a stablecoin.... 1 BTC = 100 000 000 sat

All part of the transition

are stablecoins all shitcoins that are manipulated to be "stable"? IDK but it seems to me that if that is the case are they not then just electronic fiatcoins?

#educateme

The only thing stable about them is their decline in value

So that's what my disorder is called. 🤣

Stablecoin recipe ingredients list.

100% of inflation risk of fiat.

100% of key management hassle and online security risk of bitcoin.

Take your crypto and split it into its 2 component parts.

Keep the counterparty rug risk but discard the miniscule chance that you bought a winning lottery ticket.

Even when I was new and ill informed enough to be into crypto I knew better than to ever touch stablecoins.

Remember that crypto sometimes goes up temporarily because of the greater fool theory. If you are holding a crypto guaranteed to never go up that tells you that there can be no greater fool than you.

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