Gildong.Hong on Nostr: rEaL MaRkEt dEmANd🤪 Same logic as defending slavery🤮 ...
rEaL MaRkEt dEmANd🤪
Same logic as defending slavery🤮
Same logic as defending slavery🤮
quoting note19jg…ahnhI observe that it's a somewhat unpopular current opinion in maxi circles (and I love maxi circles <3), but I think Taproot Assets are indeed potentially useful for stablecoins. We'll see how it shakes out.
A lot of people have ideological beliefs about what "should be", but for people operating every day in developing countries with high inflation, a bitcoin wallet that has BTC and USD, and lets them skip Binance/Tron, could be really useful. There's real market demand for that.
Do I want shitcoins on bitcoin? No. But I think they'll burn themselves out anyway. In the meantime as a bridging tool, dollars on bitcoin would meet a real utility demand and benefit bitcoin adoption overall.