Re: Stablecoins may help cryptocurrencies achieve world domination...
I don't agree with you. I think stable coins are useless. We can trade if let us with fiat! OK stables are quite simple and has some advantages. But absouletly they are not indispensable.
They are indeed useless, we do not need them. f*ck stablecoins
they are NOT useless but they are not as good as some people think they are. if they were useless then volume of altcoins such as Tether (USDT) wouldn't have been this high. so there is a use case for them and a demand that they do exist.
but they are still terrible and do not belong in this world because they are centralized! at least so far all the stable coins that I have seen have been suffering from the same issues of centralization which is in defiance of this ecosystem which was built with decentralization in mind.
basically suing these coins means we took the power from banks then gave it up to another centralized company!