What do you think about stablecoins, some scandals around them and their future? It is interesting to hear the opinion of the members of bitcointalk
I mean in terms of moving into stable coins to preserve capital it works in countries where taxable events only occur when you go from crypto to fiat, therefore going into stable coins relieves you of that. Otherwise I'd rather go into fiat than stablecoins.
well, if the goal is to "save money" in the long term, then it is best to keep the money in fiat. especially if the amount of fiat owned is quite large, so many people prefer to hold fiat in the bank and take advantage of the interest money each month that can be obtained from the bank's interest percentage. I read a lot of books about holding fiat and taking advantage of such advantages. well, it's safer, because it's borne by the state. it's just that, if it's for temporary storage until we get new assets, then stable coins are the best so that we don't have to bother making deposits again. it is also more flexible to be sent to various exchanges with low fees.