Post
Topic
Board Economics
Re: Stable coin or having USD in bank
by
summonerrk
on 04/09/2023, 11:46:06 UTC
~~~.

I live in a country where the constant inflation rate is considered high even in good times. Therefore, all citizens save extra money that they can put aside from their salaries in foreign currency. Specifically in US dollars. The opinion has long been fixed that the right solution would be to link the prices of apartments, as well as cars to US dollars. That's why I like to save dollars, unlike Stable coins, it can't be taken away from me at one moment.
After all, everyone knows that any stable coins are centralized, and they can all depreciate at any time, as the author of the topic described. Therefore, it is better to have bills in your pocket than stable coins on the balance. Let the latter be instantly resold into bitcoin.