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Kyle Davies

@KyleLDavies

Mar 21

I’m much much more bullish BTC’s use case as collateral for stable coin payments than BTC for payments directly.

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@SBF_FTX

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@KyleLDavies

how about tokenized BTC on other chains (or liquid/lightning) as payment?

11:21 AM · Mar 21, 2022Twitter Web App

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How do we deal with the volatility ?

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As active btc user, it doesn't actually matter, you simply buy or sell based on current market price. If you definitely need stable $ value as seller, then quickly convert btc to stablecoins. Stablecoins ultimately more convenient but I find myself using btc more often 🤣

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Think about the impact that could have on the whole crypto space. Imagine if instead of shitcoins being a drain on btc, they had a symbiotic relationship by being the equivalent of fractional reserve currencies instead of pure meme/fiat

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stop simping, start pumping.

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Borrow against BTC seems more efficient anyway.

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And what about a stable coin on the top of lightning using DLCs tftc.io/martys-bent/is ?

tftc.io

A stablecoin emerges on the Lightning Network

All will come to Bitcoin in time.

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During the

Twitter Spaces the idea to connect Do to lightning developers to discuss existing bounties to on board stable coins was mentioned and Do said he would pursue.

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is doing that with btc synthetics