Post
Topic
Board Altcoin Discussion
Re: do we really need stable coin?
by
Febo
on 10/08/2020, 17:40:53 UTC
Do we really need stable coin?

Stable coins helps you to avoid pay taxes while you trade  fiat and crypto. In most countries you need to pay capital taxes at the moment when you change crypto to fiat. Stable coin sis like fiat just that is legally not fiat but crypto. So people that bold Bitcoin for stable coin and are waiting to buy back after few months dont need to pay taxes now but only latter when will actually sell for fiat.