1 sat \ 1 reply \ @NorthKoreanHostage OP 11 Dec 2022 \ parent \ on: TARO on lightning network bitcoin
Stablecoins aren't about useful. They are unworkable. They will always fail.
I can't believe people are just going to keep trying and failing, until I realized that this is the intentional business model: stealing other people's money. OMG they invented banks.
This is the thing Bitcoin fixes.
The market is too powerful a force for any stablecoin to counter stabilize. Depegging stablecoins is already a sport now.
Just use Bitcoin.
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304 sats \ 0 replies \ @jk_14 11 Dec 2022
You know that, we know that, but some people still don't know that (or simply don't want to know that)
Bitcoin doesn't care if some asset on top of Bitcoin is failing. And that's perfectly OK.
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