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Then that means stablecoins aren’t needed. And yet, reality disagrees with your logic and stablecoins are on track to be used even more. Tokenization on Ether
by kinakomochidayo 2y ago
Then that means stablecoins aren’t needed.
And yet, reality disagrees with your logic and stablecoins are on track to be used even more.
Tokenization on Ethereum will end up being way more important and useful than pet rock Bitcoin.
- hocuspocus 2y agoThe most popular stablecoins aren't trustless, proving the parent's point.
- kinakomochidayo 2y agoParent's point is weak - it's not possible right now for people around the world to hold fiat/stocks in their own centralized, custodial wallets due to stringent KYC/AML, and blockchains currently fill that need for stablecoins, and will fill that need for tokenized stocks, treasuries, etc.
- hocuspocus 2y agoAnd again, nobody needs blockchains to tokenize centrally issued securities.