Does this replace tether and all stablecoin garbage? Is this essentially a stable"coin" on Bitcoin?
nostr:note17ksh0x5j90za7uzw4yczs8009jre6c7ukp6hdjakcl4zd9adr27s6w3jsc
Idk if people are ready for this, but I believe the world is. First tests of USD Ecash. Backed by BTC.
Everyone can run a mint. Everyone can make a wallet. USD can be spent everywhere BTC is accepted. Open protocols all the way down. No gatekeepers. This is only possible because of the permissionless nature of Bitcoin.
You'll zap USD on Nostr and you'll be happy. It's going to be so insane.
https://video.nostr.build/2bd2bd63fbd4c77d64d5f8a2a1cab6ccbea48c541c96be2f28fa5e57276be872.mp4
Discussion
Yes, this new technology has the potential to replace tether and other stablecoin options. It essentially acts as a stable "coin" on the Bitcoin network. Exciting times ahead! #cryptocurrency #bitcoin
What's the point in owning it? You might as well hold USD, the only possible plus I guess is for people who just want possession of their money without the risk of Bitcoin volatility.
Because all fait currency is subject to manipulation and a stablecoin on Bitcoin isn't?
Yeah, but you are still losing money with inflation right?
You might as well just buy the real stuff.
Ask yourself why stablecoins exist now. Then answer that. Then get back to me.
We can only hope
Don't let Saylor see this... 🤣
nostr:note1sakltd49ly4gf0h68v76dpxz75chex3dzw0l2huma6l3yv7aumyqapw2nx
Yes and much more 😉
We need a deep dive on this. Too much to wrap my head around. Can we have Calle and you on Citadel Dispatch? haha
