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That’s not a problem the average consumer has, not even close to the same way music was really annoying to consume before the iPod. Like, sucks for those it hap
by kaesar14 5y ago
That’s not a problem the average consumer has, not even close to the same way music was really annoying to consume before the iPod. Like, sucks for those it happens to, but it just isn’t a “real” problem in the grand scheme of life
- OrlandoHakim 5y agoThe average consumer is currently facing the prospect of high-inflation, exploding gas prices, and is facing a real challenge if they want to safely save the purchasing power of their earnings. I consider these to be important problems to solve so the average consumer can continue to stay above water and maybe even get ahead in life. There is a joke about how the things we want are getting cheaper (iPhones, TVs, music streaming) while the things we need are getting more expensive (food, housing, healthcare, higher education) Offering society a high-yield stablecoin savings option finally allows people to grow their savings and stay ahead of inflation with low relative risk. I think that’s a honking good idea.
- babypuncher 5y agoThese aren't problems crypto actually solves. If used as an actual day-to-day replacement for the dollar, they would still be subject to the same market pressures that drive inflation and gas prices.
- OrlandoHakim 5y agoPerhaps you missed my other comments on this thread where I explained multiple ways to earn savings rates on stablecoins that significantly exceed the inflation rate. No traditional bank offers similar options.