Post
Topic
Board Trading Discussion
Re: Stable coins and Liquity problem
by
hulla
on 16/12/2019, 17:37:50 UTC
You can exchange your stablecoins for fiat through platforms like Bisq[1]. And also, NO KYC!
Well, that should work for OP if it does what you say it does.  But it just seems like an unnecessary step to even own a stablecoin--maybe I just don't get the point of them.

I assume OP wants to hold stablecoins in a way that he wants to hold fiat(or something non-volatile), but at the same time without the government knowing of the money. At least that's the only excuse I could think of of holding stablecoins in a mid-long term timespan.


Yes That's what Everybody want
Actually we all have different opinions and wants so use your sentiment to speak for others. With that been said, it will take along time before we could see store owners accepting stablecoin as payment because they also after the level of support of crypto before they add it so they won't make losses but I'm a kind of person that don't consider USDT as a genuine stablecoin because it was backed with fiat currency (that experience deflation) which lead to the existence of crypto currency today.

 I check out Gold stablecoin which the team seems to be providing good liquidity.