Why Nostr? What is Njump?
2023-11-19 00:34:58

LynAlden on Nostr: I observe that it's a somewhat unpopular current opinion in maxi circles (and I love ...

I observe that it's a somewhat unpopular current opinion in maxi circles (and I love maxi circles <3), but I think Taproot Assets are indeed potentially useful for stablecoins. We'll see how it shakes out.

A lot of people have ideological beliefs about what "should be", but for people operating every day in developing countries with high inflation, a bitcoin wallet that has BTC and USD, and lets them skip Binance/Tron, could be really useful. There's real market demand for that.

Do I want shitcoins on bitcoin? No. But I think they'll burn themselves out anyway. In the meantime as a bridging tool, dollars on bitcoin would meet a real utility demand and benefit bitcoin adoption overall.
Author Public Key
npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a