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I can see how they get US-dollar-like instruments into the hands of people who otherwise wouldn't have access. But that's still just a form of regulatory arbitrage to me.
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Bitcoin > dollars
So, why do I want dollars?
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I can see how they get US-dollar-like instruments into the hands of people who otherwise wouldn't have access. But that's still just a form of regulatory arbitrage to me.
Bitcoin > dollars
So, why do I want dollars?
I have never understood the point of stablecoins and maintain that they are dumb.