RE: RE: The stable solution? Eurodollar problem
You are viewing a single comment's thread from:

RE: The stable solution? Eurodollar problem

Words
137
Reading
1 min
6y

My strategy is precisely yours. I'm also looking to buy some farmland next year, but right now sitting in cash, waiting to see what happens and decide what country I want to live in. Definitely I will not be staying in the US, a country I don't think will ever contain covid19.

I think for the reasons you list and also because of the interest being paid on stablecoins in an environment with many negative interest rates on the fiat equivalent, fiat-pegged crypto is going to increase in popularity. The only threat is governments figuring out how thoroughly they undermine their power (no isolating Iran by blocking them on SWIFT, where eurodollars become dollars and vice versa), and so banning them. Other than DAI, they are all created by companies that can be shut down by governments.