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troadtoday at 12:08 AM5 repliesview on HN

But you do have to deal with bullshit payment systems. I can't receive stablecoins in my regular bank account, I'd have to set up some crypto nonsense on DankRocketBets or whatever for it to even work.

Why would I do this when I can already receive actual USD without any extra ceremony?

Stablecoins are a solution in search of a problem.


Replies

kevin_thibedeautoday at 12:59 AM

The problem presents itself when you have dirty money to launder. It isn't a product for non-criminals but they have to convince enough gullible people to participate and blend in with them.

rossjudsontoday at 4:53 AM

Crypto is how you can invest in crime without doing crime.

Jommitoday at 8:56 AM

you can receive. you just need to set it up.

there are like 50 (many YC) startups fixing this today trying to offer your the best and cheapest service

koakuma-chantoday at 12:15 AM

If your employer does direct deposit of USD into your USD bank account, you don't need stable coins. This is not the case for most people outside of the U.S.

show 1 reply
codebjetoday at 3:09 AM

Perhaps you meant: stablecoins are a scam in search of a victim.