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I believe there are some use cases. Think of a government which does not allow currency conversion to more stable currencies in a place where volatility or infl
by notsureaboutpg 5y ago
I believe there are some use cases. Think of a government which does not allow currency conversion to more stable currencies in a place where volatility or inflation is very high. In that situation, it might be worth adopting a crypto-first approach, no?
- bhandziuk 5y agoBut doesn't crypto have very high volatility?
- wmf 5y agoFor example, Reserve is a stablecoin designed for markets like Venezuela where it's "illegal" to use USD or EUR.
- tratax 5y agoI'm pretty sure they will make all the stablecoins illegal as well. The fact that they cant really enforce it .. thats something else.
- svarog-run 5y agoNormal citizens won't need 3rd party stablecoins when cbdcs are available