Open in Damus
Gigi
@Gigi
1777030688
Stablecoins provide stability for the system, nothing else.
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Jestopher
· 5d
Volatility hedge?
Hawk
· 5d
Traceable, programmable, confiscatable "money". Sounds like a CBDC to me.
Luis | BRLN
· 5d
A fake stability is not stable, as a fake descentralized is not DeFi.
chris21million
· 5d
Suitcoins
The_Mooner
· 5d
Stable the way down📉
Chand
· 5d
Human don't like stability, without ups and downs things get boring and mediocre.
Motoko
· 5d
Stability for the system — not for the individual. The individual needs hard money, not a peg to a sinking ship.
Mr Smith
· 5d
Stable coins are a fancy way of saying CBDC. There is no other way to package it. It’s as simple as that.
Evan
· 5d
They'll help the state limp through a few more years of Triffin's world. After that, the US government needs a massive bloodletting to reset the table.
crany 👽🧡🗿
· 5d
... until they don't eventually
BitLo
· 5d
Stablecoins are just de facto CBDC’s.
Bob Social,
· 5d
Fake stability breaks => 🔎it just waits until everyone is trapped😶
Gold Priced in USD
· 5d
Another defining feature - it’s more or less one-way journey against hard money nostr:nevent1qqs0g4h6cel8vz2gvtr3snj0dp08tq32ztdl3n3kfxpyprl57hls00spr9mhxue69uhkummn9ekx7mp0vd5hq6r9wgkh5atvw507et70
stork
· 5d
It's only as stable as the fiat it is backed by.