What do you guys think of stablecoins? Temporary tool? The future? Pure trash? 🤔

Reply to this note

Please Login to reply.

Discussion

I think anything that's based off fiat in anyway can crash. It's all in the eyes of the beHODLer

(As far as the value of said cryptocurrency)

Yeah, definitely long-term I'd hate to have fiat value. Shorter-term, some people like escaping the volatility.

I just split it. Some here, some there. Eventually it's all gonna come crashing down.

By then I hope to have a garden going 😆

IMO they are monetary skeuomorphism

Interesting.