It's foolish to think that crypto couldn't make a better and even more stable coin than fiat while still allowing users to make massive gains. DEFI has already shown us how this is possible by offering yields. That being said, yes, stable-coins pegged to dollars in a bank are absolute shit and the opposite of what we should be striving for. It's an awkward transition period. Fiat still has something to offer. Not for long though.

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