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10 sats \ 3 replies \ @jp 31 Dec 2022 \ parent \ on: Fiatjaf asks the right questions about stablecoins bitcoin
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Probably, but who'd use it right away? A digital version of the USD or the EUR backed by Bitcoin would be much easier to understand and faster to adopt for many people, I guess, as a first step into going full BTC later.
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Yes, probably, but as I said, a majority of people would understand much easier and would be more prepared to adopt something called Dollar-on-Chain, or something similar with a familiarity with a currency they already know, rather than something called stablesats. Of course most users won't probably care about how something is achieved and focus on the results, therefore I think they'll be more likely to go for a stable synthetic dollar (or euro) rather than a estable BTC part.
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