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Comment by throwaway314155

8 days ago

Bold of you to "Show HN:" a crypto project. As best I can tell, this will be use for all the things scam gift cards are typically used for now but more (because now crypto is involved somehow). Your 'stable-coin' doesn't inspire confidence either. Why can't I just gift someone some BTC or ETH? The only reason to include a coin of your own is for a pump and dump.

Really though, this stuff all sounds quite technically difficult. It's surprising to me that people still work on these projects considering it's rather dense subject matter (fin-tech) _and_ it hasn't really proven to be useful for very much in the West.

You can just gift ETH. And good news, as a stablecoin backed by dollars USD II is pegged to the dollar so no “pumping” or “dumping”.