[Rockingham]

I fear that you have fallen into quibbling over words and abstractions so as to put all forms of money and value on par with crypto. Gold is valuable. Dollars are valuable. Crypto lacks any residual value, being neither valuable in itself nor having value as legal tender. So called crypto stable coins get around that by backing crypto and making it convertible into dollars or gold or a basket of currencies. I believe that to be the future of crypto.

[discostu]

Nope. I’m pointing out reality. And you’re afraid to see it. Gold is NOT intrinsically valuable, dollar are NOT valuable, no money has residual value, so called crypto stable coins are just layering one fiction on another, just like gold backed dollars. And your beliefs are 100% wrong.