RE: Are Stable Coins Killing The Crypto Dream?


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This is actually a very interesting thought, but we have to consider the massive amounts of money that do exist. Is Tether or another stable taking 43 million a day going to mean that there aren't millions of dollars more looking to speculate for 10x+ gains? I think it is analogous to the stock and bond market where cryptos like Bitcoin are the stocks and Tether would be the bonds. Rarely do we ever hear wall street complaining that there are too many bonds being issued and that prospect could hurt stocks because we must remember the concept of diversification when investing. I really like the thoughts you produced here and am going to feature your post on my new little segment called "Rob's Leo All Stars"!

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