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

[DarkIT]

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

Even you brought of stable coin, you need to keep patience in all spere.Even though the stable coin will no make a huge changes. You can inverse at the dump of the coin.Many coin was pumped up and dump in a short period. So don't think for long, just inverse your money to earn from it.

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[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.

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.

Actually governments are supposed to prints money only if they have equal amount on their reserve but it was changed later. Maybe you don't see the hyperinflation even though they printed a lot but surely the inflation increases and the purchasing power decreases which means the price of good are on the rise from 2020.

[matchi2011]

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

Even you brought of stable coin, you need to keep patience in all spere.Even though the stable coin will no make a huge changes. You can inverse at the dump of the coin.Many coin was pumped up and dump in a short period. So don't think for long, just inverse your money to earn from it.

You can use it this way and earn with the volatile market like this, buy stable coin then find good assets that have very solid
fundamentals, wait for the dump then buy.

After some weeks or months the project will pump and your money will bring you decent profits, sell it back to stable coin
and keep repeating this setup you'll see much better outcome..

[doomloop]

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

What you have just said now is something you can do with fiat, you can lend the money and get a percentage later, it’s just like a normal thing that people does. But, as for the government making use of the Ethereum platform and adopting stablecoins here, that’s not going to happen and you know that right? It’s never going to happen.

If the government has plans of creating a cryptocurrency (stablecoins) they are going to do so by making use of their own blockchain and not the ones that are available and decentralized. The government will prefer to make use of a platform that they have full control over it.

[Betwrong]

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

What you have just said now is something you can do with fiat, you can lend the money and get a percentage later, it’s just like a normal thing that people does. But, as for the government making use of the Ethereum platform and adopting stablecoins here, that’s not going to happen and you know that right? It’s never going to happen.

If the government has plans of creating a cryptocurrency (stablecoins) they are going to do so by making use of their own blockchain and not the ones that are available and decentralized. The government will prefer to make use of a platform that they have full control over it.

In that case how it will be different from fiat money? Will people trust it? I think in the future people are going to trust decentralized platforms only, and the governments that aren't okay with their people's demands won't survive.

[cryptoboss2020]

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

What you have just said now is something you can do with fiat, you can lend the money and get a percentage later, it’s just like a normal thing that people does. But, as for the government making use of the Ethereum platform and adopting stablecoins here, that’s not going to happen and you know that right? It’s never going to happen.

If the government has plans of creating a cryptocurrency (stablecoins) they are going to do so by making use of their own blockchain and not the ones that are available and decentralized. The government will prefer to make use of a platform that they have full control over it.

In that case how it will be different from fiat money? Will people trust it? I think in the future people are going to trust decentralized platforms only, and the governments that aren't okay with their people's demands won't survive.

Government dont their own!!
All they need to do is to regulate USDT.
So Simple!! 
They can Say USDT is legit now we accept it.
It seems to me that most of you have not understood how the life works.

[WatchMaker]

For me, I'm not a big fan of stablecoins because they are dollar-pegged coins. I don't think the government will ever support any of the available Stablecoins because the government wants total control over its own cryptocurrency. Unless if they can fork one of the available stablecoins based on certain agreements. I'll only use the stablecoin to get out of the market when I feel like the market is not looking healthy.    

[cryptoboss2020]

For me, I'm not a big fan of stablecoins because they are dollar-pegged coins. I don't think the government will ever support any of the available Stablecoins because the government wants total control over its own cryptocurrency. Unless if they can fork one of the available stablecoins based on certain agreements. I'll only use the stablecoin to get out of the market when I feel like the market is not looking healthy.    

Government dont want Control, Government serve People who are wealthy Government are protecting wealthy People just.
If you be right time on  right place with right actions sure you want to stay wealthy.
So you the first adopter of stable coin will be successful.
You need to be Financial well then no matter what Government does it.

[DooMAD]

Government dont want Control, Government serve People who are wealthy Government are protecting wealthy People just.
If you be right time on  right place with right actions sure you want to stay wealthy.
So you the first adopter of stable coin will be successful.
You need to be Financial well then no matter what Government does it.

That doesn't make rational sense.  You don't get wealthy by merely adopting stablecoins.  You could only potentially increase your wealth by gambling with them by attempting to buy other coins with them that might increase versus the value of the stablecoin.  But at the same token, you can also lose wealth doing that.  Simply holding stablecoins doesn't do squat.

[cryptoboss2020]

Government dont want Control, Government serve People who are wealthy Government are protecting wealthy People just.
If you be right time on  right place with right actions sure you want to stay wealthy.
So you the first adopter of stable coin will be successful.
You need to be Financial well then no matter what Government does it.

That doesn't make rational sense.  You don't get wealthy by merely adopting stablecoins.  You could only potentially increase your wealth by gambling with them by attempting to buy other coins with them that might increase versus the value of the stablecoin.  But at the same token, you can also lose wealth doing that.  Simply holding stablecoins doesn't do squat.

We as you know you get stable coins when btc or alts going up and you sell it.

[Jemzx00]

Government dont want Control, Government serve People who are wealthy Government are protecting wealthy People just.
If you be right time on  right place with right actions sure you want to stay wealthy.
So you the first adopter of stable coin will be successful.
You need to be Financial well then no matter what Government does it.

That doesn't make rational sense.  You don't get wealthy by merely adopting stablecoins.  You could only potentially increase your wealth by gambling with them by attempting to buy other coins with them that might increase versus the value of the stablecoin.  But at the same token, you can also lose wealth doing that.  Simply holding stablecoins doesn't do squat.

We as you know you get stable coins when btc or alts going up and you sell it.

What do you mean? Holding other crypto doesn't entitle you to receive or get any stable coin. Also, holding stable coins won't produce any profit in the long run as the name states already, they are stable coins.

The only thing that I agree about you is the potential of stable coins to be adopted by the government and banks. Bitcoin and other crypto volatility is one of the reason why I don't see them to be use or adopted by the government unlike stable coins. For me, stable coins are like fiat currency that has been made into a digital currency.

[nicecrypto]

For me, I'm not a big fan of stablecoins because they are dollar-pegged coins. I don't think the government will ever support any of the available Stablecoins because the government wants total control over its own cryptocurrency. Unless if they can fork one of the available stablecoins based on certain agreements. I'll only use the stablecoin to get out of the market when I feel like the market is not looking healthy.    

Agreed. That is the only reason I deal with stable Coins to get out of the market or save my investment when the market is going down. I don't understand how some investors will thin that the government will support stable coins because for now we know most government don't want cryptocurrency because they don't have full control over it and I believe until they do, crypto will continue to be an anomaly to them.

[Betwrong]

~ I think in the future people are going to trust decentralized platforms only, and the governments that aren't okay with their people's demands won't survive.

Government dont their own!!
All they need to do is to regulate USDT.
So Simple!! 
They can Say USDT is legit now we accept it.
It seems to me that most of you have not understood how the life works.

Well, maybe life works differently in different countries. Governments can't do anything they want in countries with high Democracy Index, and there will be more and more such countries in the future.

~ For me, stable coins are like fiat currency that has been made into a digital currency.

That's what I think too. But I don't mind reading a good text showing the difference, or at least trying to show it.