Ryan
@ryanfmason
Oh yeah this is nice and spicy
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Vinay Vasanji
@vinayvasanji.eth
If fiat keeps losing value due to inflation...are stablecoins actually stable?
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Ryan
@ryanfmason
I think the steel man is that if you think about crypto as the main land and fiat as big galleons, stable coins are dinghy’s that go in between. They may go up and down with the tide but they bridge the gap. I don’t think the argument for stable coins is stability with inflation, it’s stability in ability to transact
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