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0 sats \ 1 reply \ @sime 31 Jan \ on: The fuse was lit. USDT IN BITCOIN bitcoin
My quick take, I see it as a necessary evil for wider Bitcoin adoption. Rather have plebs pay fees in satoshis rather than ETH etc.
If a person is afraid of Bitcoin's volatility, then they should look for their personal solution or continue using fiat, which is also volatile but devaluing.
The world is big. Some parts of Africa, people depend on stablecoins because they cannot open a bank account.
It interesting the permissionless nature of cryptocurrencies are literally helping people survive (aka self custody/BYOB). But we all know here we'd prefer they not to depend on stablecoins.
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9 sats \ 0 replies \ @rarepassenger 31 Jan
"Necessary evil" means you accept evil. Best to reject.
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