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fiatjaf · 181w

I am hoping Bitcoiners will stop pushing and defending stablecoins "for the poor" after this. If they continue it's because they fell they're part of the annointed class of "non-poor". Or whatever the...

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Most none US ppl in developing world seem to want dollars for dollar like instruments denominated in dollars.

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ye, that behavior really needs to go

From trade perspective, most trade globally happens in USD (Except for Briics related - China, Russia, Saudi I’d reckon) . To adapt Bitcoin ecosystem, on ramp / off ramp might make sense with USD pegged stable coin, but with the assumption this is to enable Bitcoin ecosystem at large. I’m all ...