Agreee but i think stablecoins can be a useful bridge from fiat to bitcoin (ppl first get used to use crypto and then they move to bitcoin more easily)
Totally agree with nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyqsc8628tpyp6rcjf77e83tve2j9ulj5tnht34fgfrucy5l5j7uh2r2aejt .
This is becoming a circus that must be stopped.
Discussion
> ppl first get used to crypto [through stablecoins]
I don't understand this claim. Is it that paying with bitcoin scares people but paying with a stablecoin doesn't? If so, what makes it less scary? Is it that paying with a stablecoin is more familiar? If so, in what way? Isn't the experience identical?
I don't think you believe this, but this is the image that comes to mind when I hear people make this "bridge" claim:
Alice got some bitcoins. She has them in her wallet. She goes to a merchant that accepts bitcoin, and the merchant shows her a qr code to pay. She gets scared because this isn't like a debit card -- she doesn't know what to do!
Bob got some stablecoins. He has them in his wallet. He goes to
a merchant that accepts stablecoins, and the merchant shows him a qr code to pay. Bob is fine with this because stablecoins are easier than bitcoin.
I hope you can see why I think that's pretty ridiculous scenario. But if that isn't what you mean by the "getting used to it" stuff, then what DO you mean? I don't get it.
This is my reasoning: If you take the average Joe who never fucked around with crypto and never had a wallet, it will be easier for him to start using USDT (“I know the dollar, this is just a crypto version of it, it is a small step/change for me and I’m willing/comfortable making it”).
At this point they have a wallet, they are used to spend crypto, and in the wallet they will also see BTC, and one day they’ll be like “ok let me convert some of my USDT into btc, it’ll take me 1 second” (having and being used to a wallet already take out a lot of friction.
The other scenario would be like telling average Joe “yeah I know you never used crypto, never had a wallet, and you don’t understand what bitcoin is, but just try and see how it goes”. In this scenario they will have to overcome multiple mental barriers and there la way more friction.
I’d love to witness hyperbitconization asap, but I think we need to remember that average Joe are scared as fuck of anything new and want as little friction as possible. While we can agree this is a shitty way to approach life, this is the reality of the majority, and instead of bashing them for it we should help them in their baby step