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You say this while completely ignoring the thriving p2p market for stablecoins in countries like Nigeria
by spaceman_2020 1y ago
You say this while completely ignoring the thriving p2p market for stablecoins in countries like Nigeria
- tormeh 1y agoStablecoins are interesting, but they're closer to company scrip than to decentralised currency. Anyway, stablecoins are apparently becoming important financial infrastructure, so that's something. Bitcoin is completely useless as a currency since its value does not decline with time, thereby making it an investment vehicle instead of a currency. An asset can't be good at being both a medium of exchange and an investment. Only criminals use bitcoin as currency, and they do it because the alternative for them is moving cash around in suitcases.