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Most people in the world don’t have access to the reserve currency of the world (especially the countries don’t have the right to print it), they are born in di
by xiphias2 4y ago
Most people in the world don’t have access to the reserve currency of the world (especially the countries don’t have the right to print it), they are born in disadvantage.
- BillyTheKing 4y agoI'm not sure why you're being down-voted, but that's exactly the biggest real-world use-case for stable-coins. They're a way for people to buy USD and sell their own deflating currency
- dragontamer 4y agoExcept you aren't buying a USD when you buy a stablecoin. You are buying a fraud that pretends to be a dollar. A true dollar, offered by a bank or money market fund, has assurances from the US that it really exists in our federal reserve system. A stablecoin is a chuck e cheese token pretending to be a dollar. I can make an excel spreadsheet pretending I have a billion dollars, but I'd be a liar if I did that.