These StableCoin products are being built for the legacy world.
It's kind of ironic to think that they are the future when Bitcoiners, the future capital allocators have no need for them.
Different target audience...a weaker one
These StableCoin products are being built for the legacy world.
It's kind of ironic to think that they are the future when Bitcoiners, the future capital allocators have no need for them.
Different target audience...a weaker one
Makes sense to me.
The fragile system needs stablecoins in the short term.
Most people can’t handle volatility and the world is still denominated in USD.
Withdrawal symptoms from a rapid USD detox are actually dangerous. That’s a world where bullets are the most important currency, not Bitcoin.
States have the most bullets unfortunately. So IMHO the slow Trojan horse transfer to new rails is best.
Appreciate the work you’re doing to move this along.
That's probably true, but erring too slow means capture by the state. It's a fine balance