19 sats \ 1 reply \ @kilianbuhn 14 Aug 2022 \ on: Is a stablecoin a shitcoin? bitcoin
yes.
But to their credit: they don't claim to be more than that.
There are definitely different levels of shitcoins. The "change the world" / "get rich quick" schemes are the worst (NFTs, DiFi). Straightforward solutions that don't advertise quick gains are less bad (stable coins).
Still not a great place to store your wealth, but not outright pump and dumps.
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