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0 sats \ 3 replies \ @shibe 6 Apr 2023 \ parent \ on: Introducing Mutiny Wallet: Private, unstoppable bitcoin payments bitcoin
DLCs are more than just stable coins.
DLCs are essentially a 2-of-3 multisig where one party can attest to a certain outcome. In this case it's being used for some sort of synthetic stablecoin, but it could be used for other things like betting on outcomes (sports, derivatives, etc).
I know what DLC are.
My point is why we have to always go back to "dollars" (in whatever form or expression), when we just have to use sats.
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Because not everyone is you and not every use case is yours. People in third world countries or otherwise extreme circumstances can't afford to lose 80 percent of their purchasing power to Bitcoin volatility. You don't get to your utopian future without connecting all the dots to get there. HODLing is a truly privileged, elite position to be in.
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