There are enough Bitcoiners who understand this. Enough of us to change the terminology. But today's Bitcoiners seem just fine using that term as well. As a community, we should push to change "stable coin" to something like "USD-Coin", or "fiat-coin".
The founders of the federal reserve understood how important terminology is for scaling public opinion. Bitcoiners, generally, do not understand or care about this, it would seem.
Yup.
There are enough Bitcoiners who understand this. Enough of us to change the terminology. But today's Bitcoiners seem just fine using that term as well. As a community, we should push to change "stable coin" to something like "USD-Coin", or "fiat-coin".
The founders of the federal reserve understood how important terminology is for scaling public opinion. Bitcoiners, generally, do not understand or care about this, it would seem.