jcalvinowens 8 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.

1
K0balt 8 days ago

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?

jcalvinowens 8 days ago

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.