If BTC goes to $30T+ (in 2018 usd terms), then it will probably continue going even higher, and as such, stablecoins are unneccessary. Bitcoin will be even more attractive to hold wealth in than stablecoins, as its purchasing power is likely to steadily grow at equilibrium. 
You just almost precisely described the Lightning Network
(or a pegged sidechain)
-
-
Yup, LN or some sidechain: Yes I am a fan of the '1:1 Smart Contract-backing & redeemability property with BTC' in order to get fast & instant payments. If it could be done without the Centralized LN hubs I would be even more of a fan, but maybe that's the only way it can work.
-
1/ This is where we differ: I think a deflationary currency decreases the impetus for people to spend their money at businesses (bc they can buy more with that some money the following day), so there is no incentive to create businesses, so there is no incentive for job creation
-
2/ I think that is overall bad for the economy, so I would like some small amount of inflation to be present (tie it to population growth over the previous week- we can do that now bc we can program money). You believe that the economy will be fine with deflationary currency.
-
I don't believe there is anything that will change either of our minds. Do you agree? I think I will be able to understand your viewpoint better if I read "The Ethics of Money Production." /end
-
I think both of our minds are changeable. This is a new space and fixed-supply money is a grand monetary experiment. We are all learning and studying still.
-
>I think both of our minds are changeable. True...maybe/maybe not on this specific issue since we have different Information in our Brains
-
You adjust as new information presents itself. I believe we have to be nimble with our views, especially in such a young, emerging, experimental industry full of uncertainty.
- End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.