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The theory a decade ago was that cryptocurrency would develop an native economy of sorts: you could buy and sell things directly in crypto, and there would be m
by matthewdgreen 5y ago
The theory a decade ago was that cryptocurrency would develop an native economy of sorts: you could buy and sell things directly in crypto, and there would be markets for that. Maybe not markets for everything! But at least enough that it would start to erode the need for fiat ramps. That hasn't really happened yet, despite the fact that we now have various permissionless stablecoins to tackle the volatility problems. Maybe it never will.