Thread - Nostr Hypermedia

If you use stablecoins correctly: 1. Your identity is not associated with your stablecoin funds; 2. You will not pay taxes to the government to send money to another countries (I don't know how it works in another countries, but in Brazil it's like 1%); 3. Nobody will ask any verification to use your own money. Plus, you will not be exposed to the volatility of Bitcoin, which is necessary in some cases. In Brazil we have something similar to a CBDC, it's called Pix, and it's completely different from an Stablecoin. It's as safe and sound as Bitcoin? Absolutely not. But it's a good tool.

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Replies (4)

Cyph3rp9nk cyph3rp9nk@getalby.com 2 months ago

Here's the problem: people distort reality to convince themselves. Nor are they aware that the U.S. government has promoted and legislated in favor of stablecoins to use them as a tool for financing and expanding the dollar. How sad. View quoted note →

npub1ah3a...l76e 2 months ago

Stables.rip People seem to ignore that stablecoin confiscation growth is an exponential curve (as one would expect from any CBDC). Print for yourself and confiscate the money of others to maintain stability.

4ier 2 months ago

As I said, you need to use it correctly, i.e. don't let them know who is the owner of the funds.

4ier 2 months ago

And, also as I said, it's just a tool. I will not hold USDT, I'm not retarded.