Replying to Avatar τέχνη

I only bring up stable coins because you mentioned that the primary issue was being able to stabilize the price, right? I personally don’t need a stable coin. I’m fine with just being more frugal if the coin has less inflation than, say, gold.
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frphank 1y ago

Are you running a business? Do you have skills you are selling? Do you plan ahead financially?

If yes you care about stability, up or down either way.

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τέχνη 1y ago

I think businesses usually diversify their holdings regardless of what they use to transact right? But yeah I agree they would want to “cash out” a lot of crypto that they get. That’s why liquidity in the on/off ramps are essential. It’s the death knell of Monero sadly.

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frphank 1y ago

They hold in the currency that they have future payments coming up to minimize the risk. A business in USA will hold dollars, nothing else.