bitcoin serves good reason but might be not right one

[cryptoboss2020]

i think not btc not even eth or even xrp can not help us with middle men problem.
i think stable coins like USDT can be better

for example: i have business parner in country x i transfer to him funds with btc by the time it get confirmed the value is changed.
for example: i have business partner in country x i transfer digital usd he recevieves and its same value.

bitcoin is good only for profit and speculation for real business not the best way.
the bitcoin has great liqutity...if we have same liqutity and popularity with USDT then btc will be less used for transactions.

every has something good sides  XRP i like its fast the speed is what we need becouse i just dont like the fact that XRP not so decentrlized.
if bitcoin can be same fast confirmations then the volatility is not so big issue as sending btc when it pumps or dumps value changes.

[mk4]

i think not btc not even eth or even xrp can not help us with middle men problem.
i think stable coins like USDT can be better

USDT can work really well, until they freeze your funds. They're literally a middleman. 🤷‍♂️

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets https://bitcointalk.org/index.php?topic=5204055

[avikz]

Hmthe scenarios you have given have nothing to do with middle man! It's the price dynamics of bitcoin or any other cryptocurrency and that's real! If you want to transact on a daily basis, probably stablecoins are good because you want to send the exact value to your partner. For bitcoin, the value may go up or go down so your partner may make a profit or loss based on the expected amount and received amount.

There is no solution to this! Bitcoin's value is not controlled by a central authority so it all depends on market dynamics and demand supply principles. So for regular transactions, stablecoins are your best choice! But for investment, nothing can be better than bitcoin!

Remember, stablecoins are controlled by their creators while bitcoin isn't controlled by anyone!

[cryptoboss2020]

i think not btc not even eth or even xrp can not help us with middle men problem.
i think stable coins like USDT can be better

USDT can work really well, until they freeze your funds. They're literally a middleman. 🤷‍♂️

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets https://bitcointalk.org/index.php?topic=5204055

so wich stable coin can not freeze funds? pax? dai?
who the hell have rights to touch my funds? lol what about peoples privacy? thats cryptocurrency is all about.
if they do so much bad things with crypto guess what ? we can all leave crypto and cash is king again.

[cryptoboss2020]

Hmthe scenarios you have given have nothing to do with middle man! It's the price dynamics of bitcoin or any other cryptocurrency and that's real! If you want to transact on a daily basis, probably stablecoins are good because you want to send the exact value to your partner. For bitcoin, the value may go up or go down so your partner may make a profit or loss based on the expected amount and received amount.

There is no solution to this! Bitcoin's value is not controlled by a central authority so it all depends on market dynamics and demand supply principles. So for regular transactions, stablecoins are your best choice! But for investment, nothing can be better than bitcoin!

Remember, stablecoins are controlled by their creators while bitcoin isn't controlled by anyone!

is there any decentralized stable coins?

[mindrust]

Huge volatility is one of bitcoin's problems but stable coins are not the answer to this problem neither. This is a problem mostly for the investors anyway. If you don't want to carry the volatility risk, you can always keep it in FIAT (stable coin or not)

[cryptoboss2020]

Huge volatility is one of bitcoin's problems but stable coins are not the answer to this problem neither. This is a problem mostly for the investors anyway. If you don't want to carry the volatility risk, you can always keep it in FIAT (stable coin or not)

all we need is just a non centralised stable coins  wich the so called law enforcement or whatever they call themselfes can not freeze without reason.

[mindrust]

Huge volatility is one of bitcoin's problems but stable coins are not the answer to this problem neither. This is a problem mostly for the investors anyway. If you don't want to carry the volatility risk, you can always keep it in FIAT (stable coin or not)

all we need is just a non centralised stable coins  wich the so called law enforcement or whatever they call themselfes can not freeze without reason.

Decentralized stable coins is not possible. Stable coins are essentially FIAT and FIAT is centralized. You can only have something like bitcoin if you want to stay decentralized and it will always be volatile against FIAT.

I can't remember right now but there was something like DAI or something like that which defines its own marketcap according to  the ETH's price or smth like that. I didn't care enought to look deeply into it.

[mk4]

so wich stable coin can not freeze funds? pax? dai?

Only DAI/SAI as far as I know, but there are other risks concerned with the project. The government could literally force the MakerDAO team to change some stuff in the code.

who the hell have rights to touch my funds? lol what about peoples privacy? thats cryptocurrency is all about.

Well, they are a custodial after all. You're using their service.

if they do so much bad things with crypto guess what ? we can all leave crypto and cash is king again.

I mean, this is literally why we have Bitcoin lmao. Most of "crypto" is BS.

[cryptoboss2020]

so wich stable coin can not freeze funds? pax? dai?

Only DAI/SAI as far as I know, but there are other risks concerned with the project. The government could literally force the MakerDAO team to change some stuff in the code.

who the hell have rights to touch my funds? lol what about peoples privacy? thats cryptocurrency is all about.

Well, they are a custodial after all. You're using their service.

if they do so much bad things with crypto guess what ? we can all leave crypto and cash is king again.

I mean, this is literally why we have Bitcoin lmao. Most of "crypto" is BS.

i see yes and i guess the volatility is just the price we have to pay for all other good things what does the btc have.

[sunsilk]

Depends to your purpose and acceptance. If that's what you think about bitcoin and USDT, you can always opt to accept USDT or any stable coins than to accept bitcoin.

if they do so much bad things with crypto guess what ? we can all leave crypto and cash is king again.

They can't with bitcoin.

[dothebeats]

i think not btc not even eth or even xrp can not help us with middle men problem.
i think stable coins like USDT can be better

Except that USDT is issued by a central organization, which can freeze your funds if they see something that they deem as illegal then poof!

Most dealings and trades settled in bitcoin are done through means of agreeing on a set price that is not far off from the spot market prices. This is to avoid overcomplication on things plus most of these deals are already in favor of both parties that's why they choose to proceed. While stablecoins may help on guaranteeing the value of the goods in exchange of something else, if the issuer of the stablecoins deem something fishy is going on, they'll just freeze your funds and your deal is already disrupted.

[stompix]

One day ago:

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

Now:

i think not btc not even eth or even xrp can not help us with middle men problem.

Triple quadruple facepalm!!!
You just solved it a day ago!!!!!!!

the bitcoin has great liqutity...if we have same liqutity and popularity with USDT then btc will be less used for transactions.

It's liquidity,  and liquidity has nothing to do with transactions if we're speaking about a stable coin, you don't need liquidity to be able to exchange at the same rate a coin that is supposed by design to be stable!
Not even trying to enter the decentralized subject, from my point of view I guess you will be happier with one universal bank in which everyone has a mandatory account that offers fast transactions between accounts in fiat terms so you're not bothered with exchange rates. Well,...till the moment you realize your holdings are not worth enough to pay for the paper on which your bank statement is printed on.

is there any decentralized stable coins?

Oh really?

[mk4]

i see yes and i guess the volatility is just the price we have to pay for all other good things what does the btc have.

Pretty much. In the first place I don't think you can really have something decentralized enough that has it's value pegged to the US dollar. On the bright side, at least BTC's volatility is mostly to the upside. 🤷‍♂️

[lixer]

I don't know how fast XRP can be because I have not used it for transactions before, no one has ever asked for it, it's mostly Bitcoin that everyone is talking about, that's what they all know about, and after that is Ethereum.

But, I'm thinking that if other cryptocurrencies you have mentioned should reach the current level of bitcoin and start having the same level of trading volume, they are also going to start experiencing delays and high fees and all those kind issues we are having now with Bitcoin.

Because I can remember that when Ethereum was new a lot of people were hyping it for the speed, but at a time, when it became the second most used cryptocurrency, it started experiencing a little of what Bitcoin is going through when it hasn't even gotten to half of bitcoin.

[mindrust]

Because I can remember that when Ethereum was new a lot of people were hyping it for the speed, but at a time, when it became the second most used cryptocurrency, it started experiencing a little of what Bitcoin is going through when it hasn't even gotten to half of bitcoin.

It is because blockchains cannot scale infinitely. Sooner or later it hits a limit. And without a blockchain it gets way more centralized. They are trying to solve it with the layer 2 solutions like LN but so far it is not as popular as theywanted it to be.