"Other stablecoin solutions often discussed in the Bitcoin community include stablecoins on Taro and RGB, and synthetic USD using inverse perpetual swaps, such as those enabled by Stablesats. These solutions should be welcomed and explored, but they do have limitations. For example, Taro has limited scripting capability. "
Yes, Taro have limited script while RGB is Turing complete
https://bitcoinmagazine.com/technical/world-needs-bitcoin-backed-stablecoins
I feel like ‘stable’ anything is a myth. Markets can’t be stable by design. It’s a fiat dream many are still living.
+1
Only Bitcoin is stable. 1 BTC = 1 BTC
Think about it. If we have hyperbitcoinisation, that means the worlds entire value will be measured by this fixed “ruler”, meaning things will go up or down based upon simple supply or demand.
Just like we have a fixed length for a ruler, a fixed mass for weight, a fixed quantity of time, we now have a fixed supply to measure value. We just need to stop using fake fiat which dilutes this and distorts real market forces and behaviour.
If people want a ‘stable coin’ then we MUST hyperbitcoinise!!
🎯
