If itβs the unit of account sure it becomes βstableβ in the same way gold was under the gold standard.
But it doesnβt become a stablecoin, it literally replaces the very need for one.
If itβs the unit of account sure it becomes βstableβ in the same way gold was under the gold standard.
But it doesnβt become a stablecoin, it literally replaces the very need for one.
Yeah, I guess it depends on "what it should be stable against". If the answer is "against goods", we can have Bitcoin as stablecoin - my beer will cost me the same ammount of sats :)
But if the definition is "stable against some other currecy", you are correct