Fred Ehrsam
@fehrsam
Fiat as a product is horrible for 2.6bn people. Crypto and stables can fix this.
52 replies
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Tmophoto
@tmophoto
how does crypto or "stables" fix this. stable coins lost 45% according to your chart.
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MrRevix 🎩🔵
@mrrevix.eth
I think he meant stable pegged with Usd / Euro
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Tmophoto
@tmophoto
how does it change, its still a currency that is losing 15% purchasing power every year. Is there anything that costs the same in $ or Euros as it did in 2019
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MrRevix 🎩🔵
@mrrevix.eth
There were a lot of experiences with, for example, DAI in Argentina. It is not a perfect solution, but saved a lot of ppl from starving... https://blog.celo.org/argentina-a-case-study-for-stablecoins-66abdbf526ae
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