Quote from: _act_ on September 01, 2023, 10:33:59 AM

I am not talking about people in United States or European countries that are spending Euro, or UK or countries like Kuwait, South Korea or Japan that their currency are not inflationary like the local currencies in countries in Africa, South America, Asia or some countries like Turkey.

The people in countries that have high inflation rate prefer to save foreign currencies like United States dollar. Stable coin was created and most people from these high inflation countries prefer to save stable coins.

If you have your money in banks, you do jot have the complete control. If you save stable coins, most of them are centralized and you do not have complete control and they can fall out of peg and be lesser than the money they are pegged with they become. Example of the pegged coin was Terra Classic USD (UST) which was $1 before but now $0.01186444

If bitcoin price have increased, I can decide to convert some to USD or stable coin. Which one is better? Or is there other alternative which can be comparable with bitcoin in a way it would be independent and having full control characteristic.

Holding the money in the bitcoin will be the far better option as compared to the money holding in the USD.The USD value will not increases with a time period and only few dollars we get as the interest which is 4-6 percentage.But if you hold the money in the bitcoin,it will give you 10-20 percentage based on the time period you are holding in terms of bitcoin.When the market was moved in the positive way,you can convert the bitcoin to USD.This will give good profit by the bitcoin trading for the certain period of time.