Hacker News Reader

USD-pegged stablecoins kind of have the worst of both worlds - the risks of crypto AND the risks of fed monetary policy. Stablecoins shouldn't be used as a store of value, only as a medium of exchange.

View on HN

You just said having USD was part of the best of both worlds (despite fed monetary policy) and Bitcoin has the risk of crypto as well. Seems contradictory

USD and Bitcoin each have risks and disadvantages.

USD-denominated stablecoins have the union of the risks and disadvantages of both.

Reply on news.ycombinator.com