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10 sats \ 2 replies \ @Monotone 24 Apr 2023 \ on: Are Stablecoins Shitcoins? bitcoin
Stablecoins are "stable" only up to a certain point, which cannot be predicted.
But still more stable than some other fiat currencies, no?
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If we consider only the issue of volatility compared to shitcoins, then yes. You can temporarily wait out market disturbances in stablecoins, but in no case should you store funds there for the long term.
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