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Along the way they destroyed all trust and goodwill that Bitcoin had created. Trust derives from stability which can only be established over time. Any "stabi
by jqpabc123 2y ago
Along the way they destroyed all trust and goodwill that Bitcoin had created.
Trust derives from stability which can only be established over time.
Any "stability" crypto has/had comes from ties to fiat (see "stable coins") --- they very thing it is intended to replace.
In other words, the fact that crypto markets revolve around "stable coins" is a testament to fiat and proof of crypto's inadequacy as a currency.