Isn’t that roughly the same as having the same currency?
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Going back to the point about stable coins, i asked what are they stable in relation to? A basket of commodities, food and rent? The basis of such an index is the basis of bitcoin. It's geopolitically diverse and apolitical. It can be the basis for stable, comparable money
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Can you answer exactly why people wouldn’t just hold Bitcoin itself?
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Why would they prefer one money over another if each hold the same value?
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I've said this a lot but I really think the unseizability of cryptoassets are their most undervalued and underappreciated feature
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If government's stop seizing money this attribute becomes a mute point. Regardless value stable money in comparison with each other is value stable you can't add "But what if its valued less?"
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Unseizable, arbitrarily uninflatable under no circumstances, censorship resistant, no KYC, no AML, private, anynonynous, unlinkable, borderless, outside of state control. You are from the West, you don’t know what kind of censorship / capital controls / seizures exist elsewhere
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Listen. You gotta stop. Relationally value stable money is value stable. You are trying to imply central banks can't also print money on the value is bitcoin and they can't choose to offer features as well. It's silly.
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Why would you ever think that a monopoly on money supply is a good thing? Currencies should compete just like any other business or product
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