Replying to Avatar Séimí Mac Síomón

Stablesats USD ? Sounds like this dollarisation of Bitcoin everyoneis talking about no?
Avatar
UNCLE ROCKSTAR 2y ago

nostr:note18ey97sy27xzy40r5ztjazpwem8s3scgyax8j0kw8dkwj80hfptys7glmkk

Reply to this note

Please Login to reply.

Discussion

Avatar
Séimí Mac Síomón 2y ago

Sounds like an argument rooted in pathos , doesnt really mean anything, just sounds inspiring .

Fact remains : using Bitcoin to shuffle USD around is like using a car to pull your stagecoach.

Avatar
Séimí Mac Síomón 2y ago

"but you also have the option to hedge in StableSats USD. "

Disturbing to see a Bitcoin personality describe the USD as a hedge agaisnt Bitcoin, I'm perplexed at your semantics here .

Avatar
Séimí Mac Síomón 2y ago

*against

Avatar
El Flaco 2y ago

Call it whatever you want. As long as people's obligations are denominated in USD or other fiat, holding bitcoin only will cause problems for people because of the mismatch: You owe USD - you hold BTC. Stablesats fixes this.