Post
Topic
Board Beginners & Help
Re: Are Stablecoins Undermining Bitcoin's Original Mission?
by
dkbit98
on 23/07/2025, 20:37:51 UTC
What do you guys think? Does the dollar’s presence in crypto hurt more than help?
Stablecoins coins are anti-bitcoin.
Maybe initial idea of stablecoins was not bad, but they all morphed into Trojan horse that opens a door for accepting CBDC in all countries.
Most stablecoins are not private, they can be frozen, and they can't be mixed with other coins.
If I could pick one I would probably say that L-USDT on Liquid Network is slightly better because of confidential transactions, and it's harder to froze them.
However, I would not hold any stablecoins, and using them should only be short term.