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This isn’t built on top of Bitcoin, it’s built on Bitcoin hard fork. Also, why would you use stable coins and thus adding a centralised point of failure when Bi
by kevinak 5y ago
This isn’t built on top of Bitcoin, it’s built on Bitcoin hard fork. Also, why would you use stable coins and thus adding a centralised point of failure when Bitcoin already solves this? Just use it as payment rails.
- rglullis 5y ago> Also, why would you use stable coins - Because merchants do not want a volatile currency. - Because people in countries with weaker currencies might be interested in accepting/transacting in something that gives them USD/EUR/GBP/JPY. - Because there are DeFI protocols that are giving better returns than any savings account ever could.