On May 24, 2022, in the midst of the Terra LUNA fiasco and the fiasco of its "Stablecoin" UST, I wrote an article explaining in detail why Bitcoin is the best Stablecoin.
This article is more relevant than ever as the USDC depegged from the US dollar since SVB collapsed.
Stablecoins like the USDC will always be problematic because they are still tied to the current system and fiat currencies.
Bitcoin is the solution because it is independent of governments and central banks.
Of course, to understand this, you need to understand the why of Bitcoin. If not, you know what you have to do...
#Bitcoin #BTC #USDC #Stablecoins
https://inbitcoinwetrust.substack.com/p/here-is-why-bitcoin-is-the-best-stablecoin
Sylvain Saurel
npub1zr…dy0vk
2023-03-11 18:24:50
Author Public Key
npub1zrl0aah7lum92422frejljz2twpfn5hjq5242qj7udzfxvrsny0szdy0vkPublished at
2023-03-11 18:24:50Event JSON
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"content": "On May 24, 2022, in the midst of the Terra LUNA fiasco and the fiasco of its \"Stablecoin\" UST, I wrote an article explaining in detail why Bitcoin is the best Stablecoin.\n\nThis article is more relevant than ever as the USDC depegged from the US dollar since SVB collapsed.\n\nStablecoins like the USDC will always be problematic because they are still tied to the current system and fiat currencies.\n\nBitcoin is the solution because it is independent of governments and central banks.\n\nOf course, to understand this, you need to understand the why of Bitcoin. If not, you know what you have to do...\n\n#Bitcoin #BTC #USDC #Stablecoins\n\nhttps://inbitcoinwetrust.substack.com/p/here-is-why-bitcoin-is-the-best-stablecoin",
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