Quote from: mdzahed134 on October 21, 2019, 12:00:24 PM

Quote from: micalith on October 20, 2019, 03:17:39 PM

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.

No, i dont think that stable coins are a threat for Bitcoin or Ethereum. Yeah, a lot of controversy regarding stable coins specifically Tether (USDT) is the most using currency that's why all of the peoples used it for many different purposes. In the trading its highly used. Actually, stable coins can be protect your losses when the crypto market is very badly go to downtrend. This one is really big advantages in the crypto space. How it will be threat for Bitcoin i dont know.

Yes, stable coins are good and it is suitable for every user to be able to trade and transfer money to each other in this area, even looking further, this could be a connection between the crypto world and the outside world but even though everything has such great points, it's still not likely to threaten bitcoin. Because if stable coins are the connection and make every transaction easier without volatility, Bitcoin is the dominant place, it creates money, creates jobs and changes for people to make money, Bitcoin is the center of interaction, while stable coins are just a small bridge