I really like your point of view and I believe in bitcoin, but how can somebody living in a society going through hyperinflation consider using bitcoin given its volatility, versus a US stablecoin. People in these societies can’t afford to have bitcoin go down 30-50% in value in a matter of days. What are your thoughts on this?
Discussion
A “stablecoin” is a guaranteed loss coin against bitcoin. That is how it achieves it “stability”. Unfortunately, people will learn this the hard way - and you’re right….it will be hard for them to move all
of their savings. So…probably similar to everyone in bitcoin - the more you know, the more the you tune out the volatility and start to think in bitcoin terms. With each step of learning, less fear, more hope. The world changes with each of us.
Bitcoin is a stablecoin. 1 BTC = 1 BTC