{"type":"rich","version":"1.0","title":"Bill Cypher wrote","author_name":"Bill Cypher (npub1qy…dmu7u)","author_url":"https://yabu.me/npub1qyxlpj2gl6dt2nfvkl4yyrl6pr2hjkycrdh2dr5r42n7ktwn7pdqrdmu7u","provider_name":"njump","provider_url":"https://yabu.me","html":"Rebuttal to the stablecoin convention this week.\n\nStablecoin recipe ingredients list.\n\n100% of inflation risk of fiat.\n100% of key management hassle and online security risk of bitcoin.\nTake your crypto portion and split it into its 2 component parts.\nKeep the counterparty rug risk\ndiscard the miniscule chance that you bought a winning lottery ticket.\n\nEven when I was new and ill informed enough to be into crypto I knew better than to ever touch stablecoins. I started because I wanted to buy ripple of all the stupid BS out there and even I was smart enough to never once use a stablecoin. \n\nRemember that crypto sometimes goes up against the dollar temporarily because of the greater fool theory. If you are holding a crypto guaranteed to never go up against the dollar that tells you that there can be no greater fool than you."}