Say a stablecoin like Tether was created with the anonymity of Monero. If the end goal is to use cryptocurrency as a means of purchasing goods, why isn't it preferable to have it tied to a national currency? In the same way that the U.S. dollar used to be tied to gold, it seems logical that this would be the best way for cryptocurrency to see meaningful adoption.The obvious answer here is that the vast majority of people in the cryptocurrency space are in it for an investment opportunity, not just because they want to see the tech succeed. But is there another reason?
Submitted February 06, 2020 at 03:06AM
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