Recent 6 months:

BTC/TurkishLira 102% up

while USD/TurkishLira 48% up

Turkish people who saved their money on #Bitcoin outperformed over twice than those who saved on Stablecoins like USDT. nostr:note1599skmy7kuj7nmlmg2dd3k5t0r0fhzu4jlzqlhgq339rx608e7rsmealr0

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Discussion

Besides performing, the risk of stablecoin is that your money can be freezed any time. Especially when your government is against US.

Ironically, people who need to save their money out of their local currency have their government not going well with US.

And Stablecoin's centralized companies are freezing accounts more and more often: see Tether.

Stablecoin's good usecase for now can cause lose all your savings at any time.