ex-skeptic in stablecoins, but they:
1. have product market fit (governments need to sell debt, people in tough situations want improved short term savings vehicles)
2. can onboard people to key management practices
3. give governments another attempt at holding financial institutions accountable (bail ins, not bail outs)
4. create liquidity bridges to bitcoin
5. the free market will correctly answer your question for you but over time
6. hopefully stablecoin issuers run their own publicly verifiable databases rather than issuing on some unnecessary poorly designed third party blockchain (less abstractions, more transparency)
7. bitcoin payments will hopefully still run in parallel to stablecoins for those that correctly identify stablecoin risks
CommonSense / Common Sense
npub18p…r2p0y
2025-04-14 03:00:18
in reply to nevent1q…peej
Author Public Key
npub18pqv8cx7npc4k877nsz484mcrrz27rgn0pasvnt53qtxfzndzrrs4r2p0yPublished at
2025-04-14 03:00:18Event JSON
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