Damus
Flix profile picture
Flix
@flix
I've always thought that stablecoin-bitcoin atomic swaps would be great for Bitcoin precisely because stablecoins are shitcoins.

At some point people will panic out of stablecoins... and I want the exit ramps into bitcoin to be as permissionless as possible.

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Jorge Chevalier · 17w
We need to understand that social changes take time, Stablecoins are a temporary solution, they’re building bridges and the railway network between FIAT and BTC… but not everyone nor everything are ready to a massive change… be patient friend social changes take long time… 🖖🏻👽
Flix · 17w
Ideally we get a #DEX like nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsgqfapsalnnesrmt7xxfu7qp95akwlscw33n5pm8zrclt3xhdg7egksnh56 to do it. Bisq already has BSQ-BTC ⚛️ atomic swaps. Stablecoin swaps are in the roadmap... but still some way off. https://bis...
Bruno · 17w
Idk as usdt and usdc can be block or burn anytime from your wallet i don't think it will help to have an easy exit ramp, they might just block them all when things get worse
nostrich · 17w
There will be no exit from closed withdrawals, halted chains. People seem to dismiss why real shitcoins are real shitcoins (unlike XMR, ETH, BCH, LTC) It's a shitcoin if it is not permissionless. I'd go even as far as also qualifying privacy as a shitcoin indicator, which means all or most of cryp...