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hunter
@bfresh
are stablecoins as the future of crypto a bad thing? -------------------- the current stablecoin marketcap is $237.49B not a huge part of the crypto as a whole YET, but i foresee it being the main way people interact and use it as time goes on the question is - is it a potential contagion considering how centralized all stables are? or does present adoption outweigh future centralization risk?
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Anaroth
@anaroth
Circle IPO says there is demand for it, I am curious about the implications of how easy it could become to hold foreign currency and what implications that has for foreign spending I think as a whole adoption will outweigh the centralization effects, and other privacy tools will continue to be developed like $veil
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hunter
@bfresh
tend to agree, forgot to even include the stable chain launch by bitfiniex/ the plasma ICO sell out the other day either lol yea the privacy stuff feels tangential though and by foreign spending you mean currency conversion or at the goverment level
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Anaroth
@anaroth
Currency conversion / perhaps a greater tendency to hold more than one currency I know there are other accounts that already let you do this, but how does it change the way people invest if they can convert currency easily without a middleman? I think this also helps with travel, and then ultimately the adoption of stables at commerce
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