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55 sats \ 1 reply \ @byzantine 4 May \ on: A16Z’s Stablecoin Thesis is Wrong bitcoin
their popularity suggests that people still need dollars to pay off dollar denominated debts and dollar denominated goods
that's it.
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15 sats \ 0 replies \ @k00b OP 4 May
I’ve been thinking about it as unit of account network effects are very hard to overcome, and that’s basically the same thing.
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