0 sats \ 0 replies \ @Rsync25 11 Dec 2023
Awesome!
reply
0 sats \ 1 reply \ @hasherstacker 11 Dec 2023
1 BTC = 1 BTC,
1 SATS = 1 SATS
reply
0 sats \ 0 replies \ @One_O_One_O_One_CM OP 11 Dec 2023
Yes indeed
reply
0 sats \ 2 replies \ @antic 11 Dec 2023
This is really neat as a technical implementation but I can’t help thinking, “why would I solidify sats to USD value?”
reply
111 sats \ 1 reply \ @One_O_One_O_One_CM OP 11 Dec 2023
There are plenty of use cases
Historically, stablecoins where used as a divisible and transferable hedge by traders.
Now StableCoins are widely used. Even by those who can't rely on their own national currency (LATAM, AFRICA, or even in LEBANON)
They often end up living with and spending USDT over TRON 🤮
For those who can't afford the volatility of Bitcoin for their day-to-day expenses, or for small businesses that accept Bitcoin but have to manage their cash flow because they have employees and suppliers who only accept dollars... it's a great way to provide them a solution while promoting the use of Bitcoin the right way, the self-custodial way.
Not even mentioning that in the future, funding rates from the LONGS will probably pay the USDp holders...
This could be an EXPLOSIVE adoption vector, while getting users accustomed to Lightning, Bitcoin and self-custody
reply
0 sats \ 0 replies \ @antic 11 Dec 2023
That’s a great point. I’ve heard McCormack talk about that a lot—people using Tron to USDC or the like. If this can take off and replace that, it could be huge. A good reminder to me to think outside my own bubble. 🚀
reply
0 sats \ 0 replies \ @nitter 10 Dec 2023
Twitter2Nitter
Clearnet: nitter.net | nitter.it | nitter.cz | nitter.at | nitter.unixfox.eu | nitter.poast.org | nitter.privacydev.net | nitter.d420.de | nitter.sethforprivacy.com | nitter.nicfab.eu | bird.habedieeh.re | nitter.salastil.com | nt.ggtyler.dev
Tor: nitter7bryz3..q553qd.onion | 26oq3gioiwcm..b4wwid.onion | vfaomgh4jxph..dauqad.onion | nitraeju2mip..evvuqd.onion | codeine3hsqn..brdqqd.onion
I2P: axd6uavsstsr..zf4q.b32.i2p | u6ikd6zndl3c..n2qa.b32.i2p | gseczlzmiv23..aoua.b32.i2p | tm4rwkeysv3z..4weq.b32.i2p | vernzdedoxuf..agva.b32.i2p
Lokinet: nitter.priv.loki/
Nitter is a free and open source alternative Twitter front-end focused on privacy and performance. Click here for more information.
reply