Post
Topic
Board Trading Discussion
Re: Stable coins and Liquity problem
by
Mpamaegbu
on 16/12/2019, 06:04:52 UTC
You mean getting stablecoins off an exchange?  Why not convert them to bitcoin and spend that?  
If we have to convert a stablecoin to Bitcoin before exchanging it for fiat then it loses its intention of a direct transaction. This continues to enable Bitcoin dominance in the market. Every coin shouldn't depend on Bitcoin to gain traction, at least not stablecoins.