I didn’t check out any of your posts. I was making a point about the “safe and stable” stockmarket vs the “volatile and dangerous” cryptomarket.
Cryptocurrency is just like the stockmarket, so there are safe, dangerous, and stupid options.
No one has argued that bitcoin is stable. It maybe will be in 10-20 years, but for stability today, you obviously go with a stablecoin like USDC or whatever stablecoin that is backed by your local currency and assets.
I didn’t check out any of your posts. I was making a point about the “safe and stable” stockmarket vs the “volatile and dangerous” cryptomarket.
We’re talking about currencies, not stocks, but I’m not surprised that crypto bros think their imaginary coins an somehow both appreciate in value like an investment while also being stable enough to use as a currency.
There are different cryptocurrencies with different purposes. A stablecoin wouldn’t be used as investment vehicle. And at the same time, anything that appreciates in value over time can be used as an investment vehicle. You switch to the coin that fits your purpose. You buy VPNs and privacy services with Monero, you buy stablecoin when you don’t want to invest in anything, you switch to Ethereum or bitcoin to buy groceries. But you don’t put it all in one place unless you think numbers will go up. That’s how you get both stability and investment.
I didn’t check out any of your posts. I was making a point about the “safe and stable” stockmarket vs the “volatile and dangerous” cryptomarket.
Cryptocurrency is just like the stockmarket, so there are safe, dangerous, and stupid options.
No one has argued that bitcoin is stable. It maybe will be in 10-20 years, but for stability today, you obviously go with a stablecoin like USDC or whatever stablecoin that is backed by your local currency and assets.
We’re talking about currencies, not stocks, but I’m not surprised that crypto bros think their imaginary coins an somehow both appreciate in value like an investment while also being stable enough to use as a currency.
There are different cryptocurrencies with different purposes. A stablecoin wouldn’t be used as investment vehicle. And at the same time, anything that appreciates in value over time can be used as an investment vehicle. You switch to the coin that fits your purpose. You buy VPNs and privacy services with Monero, you buy stablecoin when you don’t want to invest in anything, you switch to Ethereum or bitcoin to buy groceries. But you don’t put it all in one place unless you think numbers will go up. That’s how you get both stability and investment.