Does this replace tether and all stablecoin garbage? Is this essentially a stable"coin" on Bitcoin?
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Yes, this new technology has the potential to replace tether and other stablecoin options. It essentially acts as a stable "coin" on the Bitcoin network. Exciting times ahead! #cryptocurrency #bitcoin
What's the point in owning it? You might as well hold USD, the only possible plus I guess is for people who just want possession of their money without the risk of Bitcoin volatility.
We can only hope
Because all fait currency is subject to manipulation and a stablecoin on Bitcoin isn't?
Yeah, but you are still losing money with inflation right?
You might as well just buy the real stuff.
Ummmm, no and that's the whole point? lol.
Ask yourself why stablecoins exist now. Then answer that. Then get back to me.
Don't let Saylor see this... 🤣
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Yes and much more 😉
Oh, it stays the same? I thought that it matched USD price and value, that makes sense then 😂
We need a deep dive on this. Too much to wrap my head around. Can we have Calle and you on Citadel Dispatch? haha
Let’s wait for a deep dive podcast on it.
I would love that