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21 sats \ 0 replies \ @0xIlmari 18 Oct \ on: Why stablecoins and stablechannels are dumb bitcoin
Try running a business where your costs (wages, materials) and perhaps income as well is both in Bitcoin and fiat. Once a Bitcoin drawdown causes you to not have enough money to pay wages or your suppliers and you have to close down, you'll change your mind. Stablesats are effectively a futures contract and a very useful business tool to solve such problems.