Post
Topic
Board Gambling discussion
Re: When gambling has better odds than holding your local currency
by
yhiaali3
on 06/08/2025, 09:15:16 UTC
Or hold a stronger currency. One of the benefits of crypto is the easy to hold USD stable coins like USDC without needing to have a government permit and using fintechs that charge high fees. In Brazil we can save up to 5% when buying USDT instead of buying USD on a banking app or with credit card. I believe in countries with worse currencies and more capital control, it's even more expensive and also harder to do that.
Sorry, but I don't quite understand how you can "save up to 5% when you buy USDT instead of buying US dollars via a banking app or with a credit card." Can you explain?

While I don't recommend buying centralized stablecoins, whether USDC or USDT, instead of dollars, because in my opinion they aren't that different from the dollar, these stablecoins are centralized and will also inflate with the dollar's inflation. Therefore, I still believe that Bitcoin or gold are the best way to hedge against inflation.