Ser JJG, I have a question for you and your valued opinion is truly needed.
There's a project called "Bamk" that utilizes the Runes protocol on top of Bitcoin to build a Synthetic Dollar - a stablecoin. Everything will be onchain, and it could be traded without the need to deposit your Bitcoins to a centralized party, like exchanges.
What are your opinions on such a project? Is it good, or bad, or neutral?
Edited out
Actually, it could be related to the discussions in this topic. Because with Bamk's "Nakamoto Dollar", users can hold their Dollars in Bitcoin on-chain, and they could use it to buy the DIP or DCA to Bitcoin without leaving the Bitcoin blockchain. It's probably one of the more important uses of the Runes Protocol, and one that could definitely add value to the Bitcoin network.
I understand the point you are trying to make, but purchasing the Nakamoto dollar almost sounds like a way of promoting the
Runes like project which most people literally don't want to have a discussion about due to the controversy surrounding it. Assuming I want to purchase a Nakamoto dollar, don't I have to do that through a cex ?. The past two days hasn't been interesting, so I think we should just find a way to light up the discussion from where we stopped, but Incase you feel the Nakamoto dollar can serve greater importance, then there should be a little intro to how it can benefit users in buying Bitcoin inorder to trigger a discussion. Let's light up the discussion again.