Comment by jcalvinowens
4 days ago
That's like saying "base jumping isn't really more dangerous than flying commercial, after all we're all going to die anyway".
Fiat currencies have militaries. Your stablecoin doesn't.
4 days ago
That's like saying "base jumping isn't really more dangerous than flying commercial, after all we're all going to die anyway".
Fiat currencies have militaries. Your stablecoin doesn't.
That’s one of the reason the stablecoins won’t be taking my assets? Idk what your point is but it doesn’t seem like you are debating from a point of rational examination.
Weird, people on the internet spewing BS? Who’d have thought?
Well, losing three months of revenue is going to really hurt when the stablecoin inevitably eats shit: hope you're prepared for that.
The risk is obviously lower because you aren't parking money there. I could certainly see how you might come out ahead in fees for certain international transactions.
But your original claim was that the aggregate risk-cost of dealing in stablecoins is lower than real currencies, and that is absolutely preposterous: you aren't accounting for all the risks.