Im big fan of stable coins and this is what I think

[cryptoboss2020]

Hello, I still do not understand the mechanism by which bitcoin or ethereum, or any other virtual currency, increases or decreases the price / value

Its sell and buy orders on Exchangers.
Thats how
Bigger demand bigger price.
But if people who got a lot cash they Control

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[SquallLeonhart]

Proper reserve is a difficult question to answer for most of the satblecoin, how are they exactly backed, do they have billions of dollars on some bank account, do they have the paper for it on some vault? Do they have some digital numbers moving around from one place to another saying they are backed? Do they have bonds or gold or anything else worth that much? Do they have crypto that they bought with USDT which allowed them to be backed now but with a crash become not backed? There are a billion questions that could be asked about how they are backed even if they are backed.

Hence, I think it is not wise to use stuff like USDT, if you want fiat, go with fiat, if you want crypto, go with crypto, never trust your money with some stranger telling you that they have your money and will give it to you whenever you want, thats a shady business model from the start anyway.

Agree, USDT is not something I would be fine with. DAI on that fron is really a better version, not like I have any dai neither but I think it is at least a bit better because it is working towards becoming a bit more decentralized, and even though there are still things that are lacking there, it is a step taken in the right direction.

What USDT has is literally a company behind it working with a Bahamas bank in order to get away from regulations of USA and be free to do whatever they want with the money they have, is that really reasonable to say that they are legit? I know that they will screw people over and scam them as soon as they find a way to get out without anything bad happen to them. However DAI is not like that, it is decentralized and nobody at the top could steal it.

[jrrsparkles]

The gov can create  if no body dont get profit out of it no body dont move.

CBDC, government will built their tokens on their own blockchain not on ethereum network as you mentioned so the profits will be made by government by simply minting more tokens when the demand increase so people are not going to make any ROI with government issued centralized tokens.

Lol 
We can mint Our own erc20 token s lol
Why I should trust them lol

Who told you trust those coins which are premined.

Tokens created for profits to the developers and the investors also knows that but all they want to do is to take advantage of the initial sale discounts and will dump it once they hit the exchanges.

[Arkann]

It doesn't make sense because the government already have a plan to release their own CBDC, why would they put CBDC aside and allow USDT? I only use USDT to store some dollars that's the only use i have for the project, if you invest on USDT you aren't getting anything back, a stable coin is a stable coin

If you start talking about investing, then you should immediately make a reservation that stablecoins, due to their binding to the exchange rate of fiat currencies, do not have anything to invest in. Also, you should immediately keep in mind that all stablecoins have no direct relationship to fiat currencies and no one can give any guarantee of the safety of funds, so if you want to increase your funds through cryptocurrencies, then stablecoins will not be able to help in any way.

Anyway, a person will be wrong if he plans to increase his capital thanks to his investments in stablecoins. The very essence of the stablecoin is a practical fixed rate.
  It is beneficial to use a stablecoin at a specific time when the market falls in order to minimize your loss, or to store your funds on the blockchain, and not in the bank.

[Ozero]

So the government will collect and mint stable coins like USDT USDC amd Other currencies like eur and gbp use it ethereum platform.

Next they will lend out the stable coins
And if we Buy Now or hold stable coins we will make good roi as we could lend out our stable coins too

I see this is coming ill hodle hard USDC.
So anyone could be the banker and lend others the stable coins who dont have them as world will go full in stable currencies

I'm not sure if governments will issue their stablecoins based on the ethereum platform, or even blockchain at all. China, as it turned out, is not issuing its digitized yuan on blockchain technology, they will have something of their own and they have been creating their stablecoin since 2014. Apparently, by that time they simply did not pay attention to this technology.
I think it would be nice if most of the stablecoins of the central banks of the states are issued on the ethereum platform. This means that their wallets must be compatible with ethereum and its tokens.
It should also be borne in mind that governments may further prohibit individuals and various businesses from using their currency to provide other stablecoins.

[Taskford]

It doesn't make sense because the government already have a plan to release their own CBDC, why would they put CBDC aside and allow USDT? I only use USDT to store some dollars that's the only use i have for the project, if you invest on USDT you aren't getting anything back, a stable coin is a stable coin

If you start talking about investing, then you should immediately make a reservation that stablecoins, due to their binding to the exchange rate of fiat currencies, do not have anything to invest in. Also, you should immediately keep in mind that all stablecoins have no direct relationship to fiat currencies and no one can give any guarantee of the safety of funds, so if you want to increase your funds through cryptocurrencies, then stablecoins will not be able to help in any way.

Anyway, a person will be wrong if he plans to increase his capital thanks to his investments in stablecoins. The very essence of the stablecoin is a practical fixed rate.
  It is beneficial to use a stablecoin at a specific time when the market falls in order to minimize your loss, or to store your funds on the blockchain, and not in the bank.

The only good thing we can get on stable coin is that reasons about being safe from the dump if market crash but what happen if we are bullish the same what happen these year? We are left out and doesn't earn anything for staking stable coins. This is one of the reason why I choose to use this sometimes just only for my trades since I want to earn by volatility and good market strikes for using volatile coins like bitcoin also with ethereum.

[Darkelf11]

Stable coins are just the same as the dollar like the usdt this is part of the stable coin, also with DAI there is nothing wrong if they tried to adopt this kind of currencies because it's the same and depends on the fiat currency at the same time supported with the cryptocurrency platform there is no trouble may get if they want to commit a transaction. So far in my countryside have not any idea if they would like to support this or not. Hoping sooner or later.

[iv4n]

OP lives in some imaginary world! To say that before anything else!

Stable coins are just the same as the dollar like the usdt this is part of the stable coin, also with DAI there is nothing wrong if they tried to adopt this kind of currencies because it's the same and depends on the fiat currency at the same time supported with the cryptocurrency platform there is no trouble may get if they want to commit a transaction. So far in my countryside have not any idea if they would like to support this or not. Hoping sooner or later.

They are not the same as the dollar, stable coins just have the same value as some fiat currencies... but they are far from the same!

Stable coins are good for getting in and out from the trades... at least for now! To be honest, I don't see stable coins or fiat in some far future, they will become obsolete! But that's my opinion!

And don't mix governments and stable coins, one has no connections with the other!

[satsmainman]

Stable coins have a very strong benefit in the cryptospace, particularly to everyone in the space as it bring fiat into the cryptospace. When the supply is manage by a trusted provider, there's no cause for alarm. USDT and the rest are a good hedge for traders when the market is going south.

[LUCKMCFLY]

Having stablecoin is not bad, tether, usdt for me , are the most reliable, some are now preferring BUSD, I don't know what the reason is, but owning stablecoin to become a lender is good when you live in a country with a totally inflationary economy , since the local currency is devalued depending on the country.

If we take into account countries such as Venezuela, Argentina, having stablecoins is a luxury business, because if you sell stablecoin and exchange local currency, you are gaining with a large advantage due to the large arbitrage window that exists. Although to have everything under a good balance it is better to have half in Stablecoin and the other in Bitcoin or cryptocurrency. Although to have everything in good balance it is better to have half in Stablecoin and the other in Bitcoin or cryptocurrency, this just in case a rise in the price of the cryptocurrency occurs.

[cyriljundos]

So the government will collect and mint stable coins like USDT USDC amd Other currencies like eur and gbp use it ethereum platform.

Next they will lend out the stable coins
And if we Buy Now or hold stable coins we will make good roi as we could lend out our stable coins too

I see this is coming ill hodle hard USDC.
So anyone could be the banker and lend others the stable coins who dont have them as world will go full in stable currencies

USDC is stable coin i agree but there are lot of coins that are more profitable than buying a stable coins like USDC. buying alternative altcoins in binance ,bittrex and other exchanges and trade it in order to gain profit in a short period of time. holding USDC is  also good  if you have high capital and holding it in months .

[arwin100]

your going to feel sorry if you traded all your volatile cryptos unto stable coins when the market pumps because you are not going to earn even a single cents but unless if you follow what the op advices which is your going to lend out your stable coins to the people that are in need  .

That's what the major disadvantage for holding stable coins so you will miss out the opportunity brought  up by the bullish market but on the other it hand it can make us safe also from high dumps if that scenario happen and if your holder or a fan of stable coins you can still earn by using it on your trades since this is good option to use to avoid unnecessary losses brought by volatility.

lending is a nice business tho indeed but you should be careful from lending your coins and lend only to those who you think are trusted and has a nice collateral  . if your a trader stable coins are still uselful with you if you know how to use them wisely .

This is the lender needs to be careful on who they are dealing with since the risk for barrower to default their loan is high so ask something good collateral is really good if you want to start a lending business by using those stable coins as your main currency.

[cryptoboss2020]

The only good thing we can get on stable coin is that reasons about being safe from the dump if market crash but what happen if we are bullish the same what happen these year? We are left out and doesn't earn anything for staking stable coins. This is one of the reason why I choose to use this sometimes just only for my trades since I want to earn by volatility and good market strikes for using volatile coins like bitcoin also with ethereum.

your going to feel sorry if you traded all your volatile cryptos unto stable coins when the market pumps because you are not going to earn even a single cents but unless if you follow what the op advices which is your going to lend out your stable coins to the people that are in need  .

 lending is a nice business tho indeed but you should be careful from lending your coins and lend only to those who you think are trusted and has a nice collateral  . if your a trader stable coins are still uselful with you if you know how to use them wisely .

Lol...  What You Think??
Im Going to lend only with guarnties.
I lend to governments and to make sure they back the governments have rulers who will either gives Land or other valueble assets.
Thats how it works men!

[jrrsparkles]

The only good thing we can get on stable coin is that reasons about being safe from the dump if market crash but what happen if we are bullish the same what happen these year? We are left out and doesn't earn anything for staking stable coins. This is one of the reason why I choose to use this sometimes just only for my trades since I want to earn by volatility and good market strikes for using volatile coins like bitcoin also with ethereum.

your going to feel sorry if you traded all your volatile cryptos unto stable coins when the market pumps because you are not going to earn even a single cents but unless if you follow what the op advices which is your going to lend out your stable coins to the people that are in need  .

 lending is a nice business tho indeed but you should be careful from lending your coins and lend only to those who you think are trusted and has a nice collateral  . if your a trader stable coins are still uselful with you if you know how to use them wisely .

Lol...  What You Think??
Im Going to lend only with guarnties.
I lend to governments and to make sure they back the governments have rulers who will either gives Land or other valueble assets.
Thats how it works men!

Government don't need our money, they can print their own because you are talking about a stable centralized crypto which is having the same value as the fiat money is having.

[Taskford]

The only good thing we can get on stable coin is that reasons about being safe from the dump if market crash but what happen if we are bullish the same what happen these year? We are left out and doesn't earn anything for staking stable coins. This is one of the reason why I choose to use this sometimes just only for my trades since I want to earn by volatility and good market strikes for using volatile coins like bitcoin also with ethereum.

your going to feel sorry if you traded all your volatile cryptos unto stable coins when the market pumps because you are not going to earn even a single cents but unless if you follow what the op advices which is your going to lend out your stable coins to the people that are in need  .

 lending is a nice business tho indeed but you should be careful from lending your coins and lend only to those who you think are trusted and has a nice collateral  . if your a trader stable coins are still uselful with you if you know how to use them wisely .

Lol...  What You Think??
Im Going to lend only with guarnties.
I lend to governments and to make sure they back the governments have rulers who will either gives Land or other valueble assets.
Thats how it works men!

Government don't need our money, they can print their own because you are talking about a stable centralized crypto which is having the same value as the fiat money is having.

They cannot print money easily as the value of their currency will go low, Try to research it and you will know more answer about what you said. And also governmemt need our money thats why they ask for tax so that they have money to use for certain planned projects.

I wonder how @cryptoboss could ask government to lend his money to them 😀. World Bank is already there and other big countries who are willing to give loan to small countries.

[Betwrong]

Hello, I still do not understand the mechanism by which bitcoin or ethereum, or any other virtual currency, increases or decreases the price / value

Its sell and buy orders on Exchangers.
Thats how
Bigger demand bigger price.
But if people who got a lot cash they Control

At this point too much "cash" is needed to control BTC price, and even Elon Musk, who can buy 100M troy ounces of gold with his net worth, can't control the price of Bitcoin. While with stable coins, well, it's a bit easier.

[jrrsparkles]

They cannot print money easily as the value of their currency will go low, Try to research it and you will know more answer about what you said. And also governmemt need our money thats why they ask for tax so that they have money to use for certain planned projects.

I wonder how @cryptoboss could ask government to lend his money to them 😀. World Bank is already there and other big countries who are willing to give loan to small countries.

They cannot print easily because they need a reason, last year US printed more money than how much fiat was printed for the whole two decades. But they cannot keep printing which will result into hyperinflation that is why government keeps the inflation rate under 6% for a normal year.

[Emitdama]

They cannot print money easily as the value of their currency will go low, Try to research it and you will know more answer about what you said. And also governmemt need our money thats why they ask for tax so that they have money to use for certain planned projects.

I wonder how @cryptoboss could ask government to lend his money to them 😀. World Bank is already there and other big countries who are willing to give loan to small countries.

They cannot print easily because they need a reason, last year US printed more money than how much fiat was printed for the whole two decades. But they cannot keep printing which will result into hyperinflation that is why government keeps the inflation rate under 6% for a normal year.

You might think like that, but people were worried about these printings as well and yet they did it and there is no hyperinflation. Hyperinflation would happen if the money you spend would become useless and just saved at the banks of the people, reality is that we have a lot of people spending that, as long as the money is in the circulation there is no problem, if there is a "need" for the money there is no problem at all.

This is why I think there is nothing wrong with this. There is a big deal about this, who knows what will happen with the money printed there, but I do not think that USDT or others are nearly there, they are capable of printing much more, look how much they grew from last year, BUSD wasn't even a thing people considered and now it is in billions and USDT was under 10 billion if I am not wrong whereas now it is God knows how much.

[cryptoboss2020]

They cannot print money easily as the value of their currency will go low, Try to research it and you will know more answer about what you said. And also governmemt need our money thats why they ask for tax so that they have money to use for certain planned projects.

I wonder how @cryptoboss could ask government to lend his money to them 😀. World Bank is already there and other big countries who are willing to give loan to small countries.

They cannot print easily because they need a reason, last year US printed more money than how much fiat was printed for the whole two decades. But they cannot keep printing which will result into hyperinflation that is why government keeps the inflation rate under 6% for a normal year.

You might think like that, but people were worried about these printings as well and yet they did it and there is no hyperinflation. Hyperinflation would happen if the money you spend would become useless and just saved at the banks of the people, reality is that we have a lot of people spending that, as long as the money is in the circulation there is no problem, if there is a "need" for the money there is no problem at all.

This is why I think there is nothing wrong with this. There is a big deal about this, who knows what will happen with the money printed there, but I do not think that USDT or others are nearly there, they are capable of printing much more, look how much they grew from last year, BUSD wasn't even a thing people considered and now it is in billions and USDT was under 10 billion if I am not wrong whereas now it is God knows how much.

Usdt is money! 
Until its in wallet.

[goldade]

So the government will collect and mint stable coins like USDT USDC amd Other currencies like eur and gbp use it ethereum platform.

Next they will lend out the stable coins
And if we Buy Now or hold stable coins we will make good roi as we could lend out our stable coins too

I see this is coming ill hodle hard USDC.
So anyone could be the banker and lend others the stable coins who dont have them as world will go full in stable currencies

I do not understand how you came about your idea but I cannot help wonder how possible this is. I do not think it is possible to hold stable coins like the USDT and expect to have it increase in value in hopes of making profits.
Stable coins are called stable coins because they are pegged to the value of a dollar and do not have the potential to lose or increase in value. They are only necessary to protect your money in case of a bearish trend.