Imagine if monero had a stable coin

[Anonymous No.56420763]

Oh wait it does

>usdt, usdc are centralized garbage
>can be seized or frozen on command
>half of eth blocks are pro-censorship, sanctions compliant
>"dai" is backed by primarily by usdc, nice

In the age of CBDCs, tyrannical govts, owning nothing and being happy you should first have bitcoin

But for dollars what do we do?

ZSD is the newest stable coin on the block, held on a monero fork that's already taken a considerable chunk of xmrs hashrate, ZEPHYR.

Zeph (the base coin) is only 5m mc. Imagine not being exposed

Not gonna shill this ever again. I tried to shill months ago and Jan jans deleted my thread

I hate all of you so if I get no replies, good. You don't deserve this anyway

[Anonymous No.56420766]

>>56420763
neither will grow wealth and are to be avoided

[Anonymous No.56420779]

>>56420766
What was your argument again?
Go back to your erc/bsc threads, dumb cunt

[Anonymous No.56420789]

>>56420763
Moreno is a good stabecoin.... It's digital cash

[Anonymous No.56420796]

>>56420789
But in times of volatility it's not flat enough. Whales don't like losing 0.2% let alone 2%
Stables are a key part of the crypto ecosystem, but we need to avoid censorship shit

Haven tried but got hacked.. it's a good idea but the protocol is dead
Zephyr is trying

[Anonymous No.56420808]

>>56420763
there is no such thing as a decentralized stablecoin. they all failed and this one will too

[Anonymous No.56420814]

>>56420808
Djed, which this is based on, hasn't failed. It just has low adoption, and shit incentives
This has the privacy of xmr and an actual incentive to provide collateral
>t. Zrs holder

[Anonymous No.56420822]

>>56420814
>Djed, which this is based on, hasn't failed
yet*
it will fail like all decentralized stablecoin attempts because it's no different.

[Anonymous No.56420828]

>>56420779
>>56420796
>>56420814
token not needed

[Anonymous No.56420840]

>>56420822
>just give up and let bankers control your coins
What a gay faggot mindset
Kys and then leave my thread
>>56420828
Not a token retard
PoWchads are talking, back to uniswap pleb

[Anonymous No.56420863]

>>56420840
>What a gay faggot mindset
>Kys and then leave my thread
t. retard who doesnt understand why it will fail

[Anonymous No.56420970]

>>56420763
But how is it stable?
And to what is it stable?

[sage No.56421100]

>>56420763
Ignore all privacy coins for they are targeted by governments and will perform poorly in the coming bullrun

[Anonymous No.56422203]

>>56420763
i've been waiting for someone to start a thread on this for a while. twitter influencers that i respect a lot have been shilling this. however i do not understand the wizardry that they use to make an algorithmic stablecoin and that makes me hesitant to invest. Usually I avoid defi because it is rife with pitfalls so I don't feel as safe investing. Where can I learn more about why the PoW coin is going to increase in value and how the whole system is going to stay stable and not pull a LUNA?

[Anonymous No.56422212]

>bro dont buy a 5 million mcap coin serious project, go buy the 5 billion dollar mcap coin serious project bro!

How did everyone here get tricked into thinking mcap doesn't matter?

Even if Zeph is dog shit and ends up not being used, its 1000X more likely to do a 10X for you then some top 50 alt will.

[Anonymous No.56422949]

>>56422203
wich twitter influncers?

[Anonymous No.56424122]

>>56420763
i actually own some but im slowly realizing wtf is the point being pegged to ...well.. shit. ww3 ends the dollar.

[Anonymous No.56424133]

>>56420763
liquity / LUSD is an unstoppable coin

[Anonymous No.56424140]

>>56420763
another algoritmic stable coin project? will get exploited / cheated soon enough and then deathspiral

[Anonymous No.56424193]

>>56420763
So you expect making a profit by investing in a STABLEcoin? kek