1/ Watching #btc volatility & thinking about current use cases, I finally appreciate why @VitalikButerin says it's important to make a StableCoin. Ppl should be able to store value w/o taking on all this currency risk.
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The "brave" are willing to fund the development and use of crypto precisely because of the potential gains. The lame (or more cautious) don't understand or buy into crypto and (at least now) wouldn't buy a stable coin. The brave don't care about or want stability.
The "brave" claim they are funding something that will transform the global economic system. A system which mainly consists of the "lame". Therefore, the "brave' are liars unless they can create something the "lame" want to use.
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It will come. It's inevitable. It's like stock and bond markets. But crypto is not ready for stable because those who would buy stable aren't ready for crypto.
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Sure, that's a fair point. But it is important that crypto transitions to real use cases, and many such cases benefit from stability. I don't think it's too soon for research & prototyping (and some is being done).
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Totally agree!
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I do agree with you about that.
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