this post was submitted on 09 Feb 2024
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With the disadvantage of large stakeholders dominating the network and undermining the decentralization.
I don't defend anything - I simply do not consider the existing crypto assets as an alternative to currencies at all. They are still so far from being reliable or stable to be a good means of general exchange. They have their place in the area of investment and speculation and that works fine for me.
How about stabletokens, many of which are pegged directly to the value of the USD?