Post
Topic
Board Economics
Re: Im big fan of stable coins and this is what I think
by
Jemzx00
on 30/03/2021, 16:50:30 UTC
Government dont want Control, Government serve People who are wealthy Government are protecting wealthy People just.
If you be right time on  right place with right actions sure you want to stay wealthy.
So you the first adopter of stable coin will be successful.
You need to be Financial well then no matter what Government does it.

That doesn't make rational sense.  You don't get wealthy by merely adopting stablecoins.  You could only potentially increase your wealth by gambling with them by attempting to buy other coins with them that might increase versus the value of the stablecoin.  But at the same token, you can also lose wealth doing that.  Simply holding stablecoins doesn't do squat.
We as you know you get stable coins when btc or alts going up and you sell it.
What do you mean? Holding other crypto doesn't entitle you to receive or get any stable coin. Also, holding stable coins won't produce any profit in the long run as the name states already, they are stable coins.

The only thing that I agree about you is the potential of stable coins to be adopted by the government and banks. Bitcoin and other crypto volatility is one of the reason why I don't see them to be use or adopted by the government unlike stable coins. For me, stable coins are like fiat currency that has been made into a digital currency.