3 sats \ 1 reply \ @kr OP 27 Dec 2021 \ parent \ on: John Carvalho on Synonym, Lightning Network Tokens, and Web3 bitcoin
I get your frustration, but I disagree.
Businesses have real costs that must be paid out every day, week, and month. Some of them certainly want protection against volatility to cover their immediate costs.
Bitcoin is the best asset to hold long-term, no question about it. But every business also has a portion of funds that must be spent on general operating costs.
Most businesses do not want to speculate on short-term price changes. Giving them an option, not an obligation, to use stablecoins for price stability is a major benefit to the whole ecosystem imo.
those are just businesses that will NGMI
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