RE: USD: The Best Stable Coin!
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First part of your statement I agree with. I also agree with the hypothesis the people with weak native currency will fall for crypto. We have seen this happen already with Venezuela, Nigeria, Argentina, Bangladesh, Pakistan, Indonesia etc. However they won’t flock to BTC as it’s not really a currency. It doesn’t have transaction capacity in terms of speed and cost anymore. That’s why people need to find something else. There lies the hope. Cheap, free, zero transaction fee something ;)
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HIVE ❤️
I am glad someone got the clue.
Always paying attention when someone mentions 'Pakistan.' It helps grow the community and discover new Hivers. Everyone needs a helping hand in their early days on Hive.
Don't get me wrong, I enjoy Hive but everything goes to zero against BTC in the long run. Maybe I should frame it as store of value instead of currency as I'm sure other crypto (including Hive) will start to become more relevant in that area in the short-medium term.
I again agree with that sentiment. Yet I say, BTC is not a currency, it is a store of value. Nobody buys a cup of coffee with BTC anymore and if they do that’s unfortunate. There are numerous coins that can act as currency
Hive also does something completely different than BTC. It has blogging, socials, games, etc - not a direct apples to apples comparison on my part.