Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
Stablecoin pose no threat to Bitcoin, as i
explained at length in the other thread. You say they are not coins, you are correct, they are tokens, most (all?) don't even have their own blockchain, and they all depend in whoever is pegging their value to the alleged coin. Not only you have to be trusting the government that is backing the real fiat they peg to, now you also have to trust a third party (person or group) that they "back" their tokens with an equal amount of coins (which they don't, they do fractional reserve, and that is a time bomb) AND that they will fulfill their promise at any given time under any condition (they won't).