Yeah, it's scary to think that a stablecoin will move like that a a whim. That was a bit nuts. You are exactly right, and I guess this is where my UShiT PTSD comes into play, lol. It can easily go both ways.
People think stablecoins are not sexy and are boring, but they are what are going to end up being what is used in commerce over the more volatile assets. We need more focus around HBD, it's properties, and why we need to secure its stability.
Infrastructure is required. That is something that is lacking right now. As things get built out, we could see more incentive for people to have HBD liquid.
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Yeah, traditional e-commerce is changing rapidly, but people still don't want to use the awesome technology we have built to buy things. This is where the flaw with Bitcoin lies. Too volatile, so we need stablecoins.
We need to get it in the minds of businesses, at least small businesses, that it is a way to accept crypto just as easily as it would be using something like CashApp with the cash tag, but you are in full control. Plus it's an advertising platform, social media, not to mention 20% saving account... You get it, I get it, some of the people on Hive get it...
But when you try to talk about it to someone outside the space...