Stable coin can solve poverty

[Semar Mesem]

The presence of a stable coin is certainly a good solution when inflation is out of control, this will make the circulation of money easy to track so that it can take the necessary actions, this is an idea that we deserve to support because paper money has too many problems such as distribution that is difficult to track.

[Furious 7]

Crypto is not the best solution if I can say because it has volatile nature and it can either go up or down, and the time that it goes down the holder loses and goes in pain  The short point is cryptocurrency is not stable, it can give alot of profit within a short time and bring you down the next time like this time the market is down and bleeding and hodlers are not happy.

In this case, what you say is quite appropriate because as you said, basically Crypto is not something that is suitable as an investment material if it is seen from a safe or not.
But on the other hand we must also realize that Crypto also has more advantages for people who can maximize it well. and in this case learning is of course very important so when we want to be on this path then indeed we must have a minimum of basics first.

[raidarksword]

Printing more money will only results to high inflation  in the county and if that happens money will loses its value and automatically it is hard for the country to recover which such fallout of the economy. I believe bitcoin will solve the poverty in the future, that's why digital currency was created and if we continue to adopt it will surely be the answer we are waiting for.

[Cryptock]

Printing more money will only results to high inflation  in the county and if that happens money will loses its value and automatically it is hard for the country to recover which such fallout of the economy. I believe bitcoin will solve the poverty in the future, that's why digital currency was created and if we continue to adopt it will surely be the answer we are waiting for.

There is chaos everywhere. Which country is stable these days?
People everywhere are upset and they are worried due to inflation. Sri Lanka wanted to print new currency. There is chaos in South Asia as well. Hope things better soon.

[Theones]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

But, I think printing much money is bad for one's economy. The more you think this helps the poor, the more the people can actually becomes poor because of this. It wasn't stable coin, not even cryptos that can help solve the poverty but it can be the government and also if people will work hard. When they work hard they will earn and then they will use these earnings on proper things like education, investment and savings. They also need to budget their money.

I don't think the lives of the people won't improve if they follow all of them but for sure it can since those things are already proven and tested by other poor people that are rich now. They are in fact the ones that educate us about this.

But when the state is in crisis. There is so much measure to be taken to keep the situation in control.
Sri Lanka is in trouble and there is no way out than to print currency to keep a balance.

[bitcub]

No not really look what happened to LUNAs UST. Even USDT is crashing. For me the best is to buy gold bars. Or wait for BTC to reach the dip at 10k then buy amount of it.

[Uang_kartal]

stable coin oh stable coin.
do you know now how many, supply or stable types of coins are traded? indeed, the basis is that it is associated with the real price of currency in several countries. Still, the algorithm is cryptocurrencies, so you know the supply and demand. Likewise, the real world of fiat currency in current economic theory is experiencing inflation, it's like rejecting the big law The stake is higher than the tihang. The supply is very large but the demand is small and this exceeds the consumption in the country, goods, services, debt, manufacturing costs, etc. When a condition of poverty is not caused by currency, it is the duty of citizens to work together to reduce inflation together. Cryptocurrencies are global which cannot be regulated and controlled by anyone and the market remains intact for what is happening.

[Cryptock]

stable coin oh stable coin.
do you know now how many, supply or stable types of coins are traded? indeed, the basis is that it is associated with the real price of currency in several countries. Still, the algorithm is cryptocurrencies, so you know the supply and demand. Likewise, the real world of fiat currency in current economic theory is experiencing inflation, it's like rejecting the big law The stake is higher than the tihang. The supply is very large but the demand is small and this exceeds the consumption in the country, goods, services, debt, manufacturing costs, etc. When a condition of poverty is not caused by currency, it is the duty of citizens to work together to reduce inflation together. Cryptocurrencies are global which cannot be regulated and controlled by anyone and the market remains intact for what is happening.

There is so much hype for the coins and NFT one who is new in the field of the coin gets confused what to do and what not to do.
You are very right - supply is high and demand is low. But even then people are crazy for coins. I wish to invest in cryptos too but I am confused where to.

[MiF]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

You have a good intentions but i think it is not simple as what you think, if that would really help to solve poverty maybe every government already print a lot of money and give it to the poor residence but it is not, there are a lot of factors to balance the economy  and printing more money is not really a solution it can only increase the prices of the goods because people will have a lot of money to spend on goods i think government need to balance the economy by printing money depending on the real output of every country to balance the inflation because if people have a lot of money the demands of the basic needs product will increase but the supply will still be the same it will leads to inflation and that will be a problem.

[Lanatsa]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

You have a good intentions but i think it is not simple as what you think, if that would really help to solve poverty maybe every government already print a lot of money and give it to the poor residence but it is not, there are a lot of factors to balance the economy  and printing more money is not really a solution it can only increase the prices of the goods because people will have a lot of money to spend on goods i think government need to balance the economy by printing money depending on the real output of every country to balance the inflation because if people have a lot of money the demands of the basic needs product will increase but the supply will still be the same it will leads to inflation and that will be a problem.

Stable coins
Crypto/Volatile Coins
Typical Fiat?

Nothing of these things could solve out this global problem which we do know on which poverty is something a long time kind of problem where it hadnt be resolved out.
As long population do bloats and needs and demand is rising up then expect that there would be something lacking.
So dont anticipate about this impossible problems of ours.

[Smartvirus]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

Wow! Are you serious! Like, you really do believe this is a solution?
Sorry but, there is no way this is a solution to the world's poverty issue. Airdrops are some free money through which, people earn a few bucks from doing little tasks from publicity to referrers. Now, you want people to be given coins and then it comes with some real value to be used in exchanges. Its jus another way of having some pump and dump coin except on this case, its likely never going to have any real value.
Meanwhile, stablecoins aren't coins  that people do hodl and expect it to appreciate in value. It is a coin that is used to preserve value and that's why they are referred to as stable.

[sayaya17]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

You have a good intentions but i think it is not simple as what you think, if that would really help to solve poverty maybe every government already print a lot of money and give it to the poor residence but it is not, there are a lot of factors to balance the economy  and printing more money is not really a solution it can only increase the prices of the goods because people will have a lot of money to spend on goods i think government need to balance the economy by printing money depending on the real output of every country to balance the inflation because if people have a lot of money the demands of the basic needs product will increase but the supply will still be the same it will leads to inflation and that will be a problem.

Overcoming poverty is not as easy as we imagine, in my country the government tries to provide financial assistance to the poor. But that doesn't
keep them out of poverty, because the poor mostly do not understand how to manage the income they get, or they do not have the knowledge
to improve their lives for the better. Therefore, the plan to give stable coins to the poor, I make sure it will not solve the problem of poverty that
occurs. In my opinion, providing education and knowledge on how they manage their finances is much more effective in overcoming poverty.
Or the government provides free training to improve the skills of the poor, it is much more beneficial than providing financial assistance.

[adzino]

You can't just make infinite amount of stable coins and give it to people to remove poverty from the world. How do you even come up with proposals like this? Absurd and makes no sense. Most of the stable coins are backed by something. So no, it won't happen.
Even if it does happen, inflation will take place and you can't buy anything with what you receive. Things will become unaffordable. Compare it with printing money and see how those countries suffered.

[Wong Gendheng]

Poverty is a problem that cannot be resolved instantly, even if we give $ 1 million to the poor, then after a year the money will run out and he will be poor again, poverty can be completed with a systematic education and training system, state support is to provide educational and training facilities to citizens.

[dataispower]

The presence of a stable coin is certainly a good solution when inflation is out of control, this will make the circulation of money easy to track so that it can take the necessary actions, this is an idea that we deserve to support because paper money has too many problems such as distribution that is difficult to track.

Digital currency is supportive to paper currency, as you started paper money. Stable digital currency and that is why i said is supportive to fiat currency, even in Bitcoin and othe altcoins that is experiencing down fall, if you don't want your coins to fall beyond what it has be falling you will convert to stable coin and when the come up you convert back to the coin you want, so that is the advantages we have from digital currencies, inflation does not affect someone who is using digital currency except you want it to affect you deeply

[so98nn]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

Nah, it does not work like that. You are saying, similar thing as if government is giving away stimulus packages to everyone. Then for this they are printing money blindly and keep giving it to all of the nationals within. Remember what happened with US when they started doing this in the middle of pandemic? We came to dead end of inflation and things got out of hand.

Giving away stable-coins with airdrop is similar thing. If you keep giving them free money they will dump it as soon as they get the opportunity. Plus, this is decentralised economy, they will sell it as soon as they get the opportunity.

Finance is critical thing, it needs to be planned properly.

[wxa7115]

Poverty is a problem that cannot be resolved instantly, even if we give $ 1 million to the poor, then after a year the money will run out and he will be poor again, poverty can be completed with a systematic education and training system, state support is to provide educational and training facilities to citizens.

And we know this is is true because a great deal of the people that win a lot of money with the lottery go bankrupt in just a few years, and many even wish they never won the lottery in the first place.

And this happens because those people do not know what it takes to earn that money through hard work, so they spend it all and then since they cannot sustain their luxurious style anymore they get in debt until they lose everything they have and more, while having a debt which is impossible for them to ever repay.

[teosanru]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

Hahah what sort of joke is this? Who will fund the money into these stablecoins? Stablecoins work on two concept either on real fiat backing like USDT where the team holds dollars in reality or in algo based coins like UST where too team used to hold the underlying asset which is LUNA in both the cases team needs money to buy the underlying asset which comes from person buying that stablecoin if you just airdrop it to all how will this capital come in? How will the stablecoin derive it's value? It would just be fiat with zero value as it's not even nation backed.

[Sir Legend]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

This is like what LUNA wanted to do some time ago which made investors leave LUNA, if this can be done then the government has done the same thing by printing lots of paper money and then distributing it to the poor, what will happen is to buy an egg then it takes one truck paper money.

[Anonylz]

~I believe bitcoin will solve the poverty in the future, that's why digital currency was created and if we continue to adopt it will surely be the answer we are waiting for.

Only when btc has been legalized worldwide, generally accepted as a legal tender, not being measured by fiat value.
But as long as btc fiat value is being speculated on, people are more interested in the profitability rather than the actual core value as an alternative payment option, price is still very volatile, it won't be able to fulfill that goal.