Subnostr

I wonder if we'll see wide adoption of stablecoins over Lightning. It's kind of ironic that the biggest use case for cryptocurrencies right now is giving access to private versions of "strong" fiat currencies to parts of the world that historically couldn't use them. Reality check.

https://lightning.engineering/posts/2024-07-23-taproot-assets-LN/

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Discussion

𝕞ptf 1y ago

Why not just stack sats? Lol

verbiricha 1y ago

many people in the world can't afford to save, much less in such a volatile currency

Hurvajs Rumcajs 1y ago

In fact no one can afford to save in a currency that's being debased. But it's good enough for a hot potato game and maybe a short term buffer "saving".

𝕞ptf 1y ago

Stacking sats has to be the best way to start. At least it isn't being debased. Why save in fiat stable coins?!

Leo Wandersleb 1y ago

It's teaching people about crypto and they will eventually find Bitcoin. It's sad that "stable coins" provide such a huge demand for US treasury bills, providing a surprise life support for the USD but it ultimately drives BTC adoption. Most of the tools also support BTC, so people that only want USD get exposure.