3 sats \ 0 replies \ @mathbit 14 Aug 2022 \ on: Is a stablecoin a shitcoin? bitcoin
Stablecoin = Fiat + nonBtc Crypto
Fiat = Government control + Irresponsability
nonBtc Crypto = Pseudo-Descentralized + Scability
Stablecoins are, at the end, Pseudo-descentralized cryptos with a better scability than Fiat but with the same irresponsability of being controlled by governments.