I know it's silly to ask among bitcoiners if anyone kept part of their savings in scammed stablecoins, but just wondering if there are still among us doubters and not fully trusting bitcoin?
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21 sats \ 0 replies \ @siggy47 13 Mar 2023
They are out there, but they won't admit it. I think they're mostly defi degens leveraging fake paper "wbtc".
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5 sats \ 1 reply \ @DarthCoin 13 Mar 2023
stablecoins = shitcoins = fiat
https://i.postimg.cc/0Q9BYzxq/Darth-money-banks.jpg
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0 sats \ 0 replies \ @Monotone OP 13 Mar 2023
I didn't expect anything else from you))
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0 sats \ 0 replies \ @f6287b82CC84bcbd 13 Mar 2023
Nope. Actual fiat money in the bank for stuff that doesn't take bitcoin for day-to-day use is better.
I'll spend bitcoin for day to day stuff too - mostly internet services.
And usually the bank is regulated, and money in the bank is insured up to a certain amount which I probably would not keep close to that in a bank account anyway.
Bitcoin is for savings which works on a long enough time horizon.
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0 sats \ 2 replies \ @01xCc 13 Mar 2023
это ч то такое????
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0 sats \ 1 reply \ @Monotone OP 13 Mar 2023
what do you mean?
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0 sats \ 0 replies \ @01xCc 15 Mar 2023
Store... how can you store something in coins?
To store, you have to expend energy.
can you store bitcoin?
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0 sats \ 1 reply \ @KingZing 13 Mar 2023
I own quite a fair amount actually.
I have a small portfolio of different currencies since I travel often, so I don't see it any different. USD has been doing extremely well against my home currencies. I need stables to get bitcoin anyways and been DCA into bitcoin with the interest.
Depending on what your position is, if you see bitcoin becoming the reserve currency, then all-in bitcoin, r ide that volatility and wait it out.
I see bitcoin more possible to become a reserve asset, owning USD which is the strongest fiat and bitcoin as the strongest asset, with some gold means I have the current strongest form of money and they all sort of hedge against eachother.
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1 sat \ 0 replies \ @DarthCoin 13 Mar 2023
HFSP
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0 sats \ 1 reply \ @Rex 13 Mar 2023
Stablecoins are linked to banks, and those who don’t understand will understand sooner or later.
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0 sats \ 0 replies \ @Monotone OP 13 Mar 2023
Worse. They are pegged to fiat in general. It just doesn't work for some.)
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