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andaiyesterday at 11:18 PM5 repliesview on HN

If the admins can "lock all transactions", what's the point of it being a crypto?


Replies

colordropsyesterday at 11:22 PM

Exactly. Stablecoins make zero sense.

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kogasa240pyesterday at 11:50 PM

Makes it easier to do pump and dumps, was never about "privacy" or "decentralization" as web3 types parroted 4-5 years ago. Monero is the exception btw.

hrmtst93837today at 10:08 AM

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anonym29yesterday at 11:35 PM

Stablecoins aren't cryptocurrencies in any sense of the word. It's just electronic FIAT.

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0x3fyesterday at 11:26 PM

I don't know how this specific thing works, but I don't really see any fundamental problem with mixing and matching. If you believe in the benefits of crypto, then 50% crypto is still possibly better than 0%.

It's not like I forgo a lock on my front door just because my windows are made of glass.

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