Kind of an interesting read to me, as I have never owned ir seen a need in my life for stablecoins. I get some foljs do need them, better than holding say, Argentine pesos, I guess or e-naira. I messed around with a few sh!tcoins, mainly ARRR, etc. before settling on BTC only, once I learned more...
I've never looked back. Forward though, LNBTC, Liquid, ARK, Fedi... Lots of hope for the future. Hard to be patient, but that IS what bitcoin teaches... 😊
Yes, I'm from Argentina. But stablecoins are just trading one evil for a lesser evil. They don't solve the problem of chronic inflation, much less in a context of chronic deficit and uncontrolled issuance.
Check out this article!
https://www.bullbitcoin.com/blog/bull-bitcoin-llega-a-argentina
Thabks, have struggled to get my wife to start learning, as her whole family is struggling in Bolivia. So sad to hear of how hard life is down there, and they are wonderful folks!
Yes, it’s very sad. But stable coins are not stable unfortunately, so it’s not the ultimate solution. I hope they can adopt bitcoin soon
