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4400 sats \ 4 replies \ @cecil 21 Mar 2023 \ on: Do you prefer Taro ♦️ or RGB 🎨 as a protocol for stablecoins and NFTs on BTC ? bitcoin
fiat pegged stablecoins are evil, period. non-utility nfts are degen trash. that said, I'd hope rgb wins out over taro just because proprietary solutions can go fuck themselves.
I asked a lot of people why not use BTC as their payment rails and volatility is their main excuse
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There seem to be a lot of demand for them. Everyone is complaining about how volatile Bitcoin is
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there is a lot of demand for meth, not really a good reason to supply it. as for btc and volatility, increased adoption would lead to increased stability although I don't personally care about the fiat "value" of btc, more the buying power.
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I am myself more enthusiastic about assets like options, tokenized stocks and other stuff that will bring in more people interested in price action.
And yes the bigger the pool of holders the more stable BTC will become.
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