Stablecoin hype makes me sad.
Did we build Bitcoin to move fiat around or replace it? Remind me
Thread
Login to reply
Replies (4)
How people use Bitcoin is up to them. It is free and open source. But I choose to avoid stable coins.
The word stablecoin is just another word for currency. You can't use money effectively at scale without currency. Lightning is a "stablecoin" tied to on-chain bitcoin. Same with liquid though the L-BTC currency is issued by the 11/15 mint.
People using words incorrectly or loosely is why this problem happens. Define the terms you use.
On this we agree.
Stablecoin hype is gay and 🫡
The US Dollar has been an effective tool for imposing American imperialism worldwide.
USD Stablecoins only prolong it in the name of 'financial inclusion' and 'convenience'.