You are viewing a single comment's thread from:
RE: Could Bitcoin Soon Be Accepted Everywhere?
Wow you put a lot of thought into it.
I think a pegged currency could be the answer because they are always same price with little to no fees (0.01% most of the time)
Yes, I believe that is already starting to happen. I am sure Coinbase will add something like Stable Coin Maker Dai direct USD pair in future. It's decentralized, so you can prove the reserves are there unlike Theter. Just having the ability to buy a decentralized Stable Coin to bet in predictions markets like Augur would be a game changer. Stable coins are going to gigantic in use. I think the biggest coin by market cap will be a stable coin built on top of public blockchain. Two very important projects are the Dai and a project Circle is doing for stable coin.
It would make trading a lot easier if they did that, sounds great.
I'll have to check DAI and project Circle out soon.
Funny you mention tether, I dont know why but I just have no faith in tether, It smells fishy but I dont know why.
Tether requires trust that the dollars are actually there. Other decentralized coins like Dai requires 0 trust like Bitcoin since you can mathematically prove the collateral.
Ok that's crazy, why would people even buy tether.
I smell a boycot (or a girlcot for the SJWs among you >.<)