52 sats \ 2 replies \ @jimmysong 6h \ on: Why stablecoins and stablechannels are dumb bitcoin
I agree with everything you said, but for the billions of people that can't get dollar bank accounts and don't trust Bitcoin yet, something like USDT is not a bad first step.
something like USDT is not a bad first step.
If they don't trust bitcoin yet why would they trust USDT? It has more trust assumptions, not less
A good first step toward trusting bitcoin is trying it
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