Quote from: el kaka22 on Today at 02:30:36 PM

What else you could expect from those centralized/corporate entities? They will do all the possible things to swallow your money.
Even governments are printing money without any proper reserve, then why not these corporate by the name of stablecoins?

I have been continuously emphasizing about the importance of having decentralized stablecoin but I'm not seeing no one is taking any initiative for that. It seems our crypto life is getting highly dependent on stablecoins these days hence this could be the right time to think about having a decentralized stablecoin so that we start using them without worrying about possible ban from governments nor bankruptcy of those corporate.

Ofcourse. Not sure it's a good idea to keep values longterm in centralized stablecoins. I really think the centralized ones shouldnt exist in isolation as long people's money is involved. They should be well regulated by the government that owns the currency they're backed by or they could exist in well decentralized form and get "regulated or governed" by decentralized communities.