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Because there's money to be made on it. It's a buzzword that sells to a certain demographic. Stablecoins are especially funny, since they're not even real cryp
by pornel 3y ago
Because there's money to be made on it. It's a buzzword that sells to a certain demographic.
Stablecoins are especially funny, since they're not even real cryptocurrencies. They have an issuer that you have to trust, and are pegged to a fiat currency controlled by a government. They're entirely opposite to the promise of independent, distributed, and trustless cryptocurrencies.
- jqpabc123 3y agoPayPal can implement this by doing virtually nothing. All they have to do is *tell* the crypto idiot that some part of their account is now in "stable coins" instead of dollars. Everything else stays exactly the same --- except for the additional fees for using stable coins. Scam? You be the judge.