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113 sats \ 1 reply \ @satup 23 Aug 2022 \ on: STABLECOIN LIE bitcoin
whatever the world we are going to move in, we humans need stability, it doesn't need to be stablecoin, but an anchor to buy milk today and tomorrow with no 10% spread. Otherwise, we will lose security.
Fiat has a long way to exit as it's been a long way to be here. We'd be more open to connecting it and eventually validating the winner.
many people in many parts of the world would prefer a 10% spread than the kind of chicanery that happens with their money.
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