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In Italy they use Euros. In America we use USD. What is the flow of fiat -> BTC? Aren't there multiple? Isn't it like $1.00 USD can be 1.00 Tether (of which t
by MuffinFlavored 3y ago
In Italy they use Euros. In America we use USD.
What is the flow of fiat -> BTC? Aren't there multiple?
Isn't it like $1.00 USD can be 1.00 Tether (of which there are 7+ stablecoin alternatives https://www.makeuseof.com/stablecoin-alternatives-to-tether-usdt/ https://www.makeuseof.com/stablecoin-alternatives-to-tether-...) and then 1.00 BTC to Tether basically fluctuates like crazy?
Thinking outloud here: How are you protected from a price swing? Because the car has a value in fiat I guess... and the stablecoin layer in between (because I don't think you can go straight from USD or EUR into BTC... can you?) is irrelevant. OK, makes sense.