Sendtotim on Nostr: My 4Fs (Fiat Friends Family and Fools) ASK: You see, Bitcoin is not a payment ...
My 4Fs (Fiat Friends Family and Fools) ASK:
You see, Bitcoin is not a payment currency, people prefer the use Stable Coins.
I SAY:
We have to carry out Trx in stable coins because the USD is the (still) global reserve currency. People know the USD, not so much BTC. Although, BTC is increasingly present... Stable Coins are an entry door into DeFI (Decentralized Finance) world, once a person enters this world via this pathway, learns, and will quickly understand BTC. Stable Coins are an Onboarding tool to DeFI! Bitcoin being the best money (there is no second best!) it will attract sooner than later all those people.
You see, Bitcoin is not a payment currency, people prefer the use Stable Coins.
I SAY:
We have to carry out Trx in stable coins because the USD is the (still) global reserve currency. People know the USD, not so much BTC. Although, BTC is increasingly present... Stable Coins are an entry door into DeFI (Decentralized Finance) world, once a person enters this world via this pathway, learns, and will quickly understand BTC. Stable Coins are an Onboarding tool to DeFI! Bitcoin being the best money (there is no second best!) it will attract sooner than later all those people.