RE: Are Stable Coins Killing The Crypto Dream?
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Stable Coins Could Be Killing The Crypto Dream
This depends on what the dream exactly is.
Bitcoin was born from a dream of having a decentralized currency that was a borderless and trustless system. Fast movement of funds large or small anywhere in the world.
Well, Bitcoin is one of the most expensive (very high transaction fees), one of the most power hungry (like an entire country), and one of the slowest (high transaction time) cryptocurrencies out there. If you ask me, Bitcoin (BTC) is already killing its own idea.
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But you're forgetting bitcoin is also the most battle tested.
Upgrade comes in November and to me that seems like a mistake as it introduces new uncertainty to security risks to the system and it has to be retested all over again. Bitcoin was like fort knox you were not breaking into it lol