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Right so why not USD coin instead of Bitcoin?
by TenJack 5y ago
Right so why not USD coin instead of Bitcoin?
- cwkoss 5y agoUSD-pegged stablecoins kind of have the worst of both worlds - the risks of crypto AND the risks of fed monetary policy. Stablecoins shouldn't be used as a store of value, only as a medium of exchange.
- TenJack 5y agoYou just said having USD was part of the best of both worlds (despite fed monetary policy) and Bitcoin has the risk of crypto as well. Seems contradictory
- cwkoss 5y agoUSD and Bitcoin each have risks and disadvantages. USD-denominated stablecoins have the union of the risks and disadvantages of both.