Stablecoins have huge business potential. 🌋

They bring some of the advantages of bitcoin and request smaller leap for people. People think in the same currency and receive more options.

Still, I can’t shake a certain bad aftertaste. 🤢

Bitcoin doesn’t appeal to me because we want to improve fiat. I consider fiat a criminal tool for robbing the uninformed — people who naively save in it their whole lives and never actually accumulate anything. An asset the state can block, devalue, or outright steal at any time.

If a stablecoin ecosystem is successfully built, I believe it will be even harder for people to leave the polished cage.

There is only one Bitcoin. Stablecoins are a polished fiat (scam).