Too few people will get into stablecoins and then choose #bitcoin 🥲 Maybe 1% is too generous 🙃

gm! for some reason people are happy to get dollars anywhere. Once surveillance and inflation kicks in, the jump to bitcoin becomes easy

Agree. But it somehow creates an interesting dynamic, whereby Tether profits from the system so immensely, that once their BTC holdings are large enough (and it becomes common knowledge that USD is a worse store of value than BTC), they could pull their customers into just using sats via lightning Maybe wishful thinking here, but I’d love to see that happening. In the end, custodial BTC will always be better than custodial usdt

Stablecoins should be called pegged coins. They are pegged to the value of something else Au is pegged to gold. (Essentially the same as owning gold on the stock market) USDT is pegged to USA dollars. You're 100% about anything that's pegged to a fiat currency. Just a means for the global banking cartels to maintain control.

Absolutely, "stablecoins" are pegged to shitcoins like USD or others, therefore they should be at least called pegged coins or maybe fiatcoins ... Because they are absolutely not stable at all!

GM

Good morning, Calle! 🌻💜🤌

GM

USDT has saved me when I've forgotten my wallet and wanted to make a purchase. I appreciate USDT and would rather use it than BTC. I only use BTC with local family owned and value aligned businesses.

morning Calle

plus privatised cbdc's

Death to shitcoins, bring on the final boss