Topic: Crypto is only solution fiat currencies value falling (Read 73 times)

Your research focuses on the rising prominence that stablecoins are to hold in the near future of digital currencies, especially USDT (Tether). A scenario has been visualized in which, after becoming the mainstay for trading platforms, the value of stablecoins would increase manifold with their replacing the traditional fiat currency in usage. If im right, you have faith that Tron is going to be the main blockchain for USDT due to effectiveness and trading ability, hence in the frontline compared to other favourites XRP and XLM, i would consider them to have little impact also you mean that XRP and XLM haven't shown the same interest or adoption as platforms like Tron or even Solana. You also envision that sometime in the future, hard currencies devalue, the value of traditional fiat money goes down, and directly facilitating transactions with a stronger currency makes people less reliant on banking by traditional system. This recommendation focuses on blockchain utilities and real-world applications, highlighting topics that have a tendency to further recommend and showcase best practices.This is also the backdrop against which one has to be alive to a dynamically changing digital financial landscape, where technologies and platforms can become determinants of the future of the financial sector.

If im correct, you see stablecoins, particularly USDT, as acting to a great extent as an intermediary in this next financial system, touting their potential for stability and execution over traditional fiat currencies. You can see that playing out in the scenario where, at the helm, USDT leads the charge in a trading system dominated by stablecoins and is backed by the rich blockchain of Tron. You, however, are skeptical about XRP's or XLM's role within this real-world scenario on platforms like Tron, Ethereum, or Solana. You would think about moving from fiat currencies to an environment where digital currency trading and withdrawals are facilitated directly with stablecoins and digital wallets, reducing your reliance on traditional banks. This proposal thus addresses the need for even greater use and adoption of the blockchain and strongly recommends that trading asset tokens and other forms of financial transactions be done with stablecoins as the new standard. Whereas your attention to Tron and stablecoins proves you believe in them in the present and future value, considering the rapidly changing blockchain landscape where user markets and innovations continue to shape the future of digital finance, this has to be refocused.

Bitcoin is a digital money that is used almost in every country provided you have an internet access, you can spend and transact bitcoin at your own required time, same it's to cash in fact, to use fiat in other country you need to convert your fiat to that country's currency to use them but with bitcoin you can be at your station to make use of it without having to convert them but because there are some places that could be accepting bitcoin. I can still classify stablecoin as fiat so there is no difference between stablecoin and USD.

The solution to fiat currency devaluation is dealing with inflation. As long as there is inflation the value of currencies affected will always drop. When the price of goods goes up, the money you have won't be able to afford things it can afford before, so that means the money has lost value.
USDT has an unlimited supply, so it will just be like the dollar, I don't see any change it will create. If the things that cause inflation are not dealt with, currencies will continue to devalue.

I'm not saying inflation is the only cause of currency devaluation, but it's the main issue. There are other causes like political instability, sanctions etc, but I believe inflation is the biggest problem.

I gotta ask - whos this we you mention? If we look at the onchain data, seems like plenty of folks are still using Bitcoin for their daily transactions, which is exactly what digital money was meant for.  Saying Bitcoin isnt money is just ignoring the facts, know what I mean?

Stablecoins are just a temporary solution, tied to the stability of fiat currencies. They are inherently vulnerable to the same economic and political risks as traditional banking systems.

Crypto is the only legit option the stablecoins.
Since the btc digital gold we don't consider btc as money the currency it's digital gold.
If we reset to stablecoins economy we can see value of USDT Will Grow 600% + over night because everybody will need to have USDT in order to pay for anything.
I'll Be getting ready for tron because tron is main blockchain for USDT
But what the xrp and xlm talking ?? They got nothing going on compared with usdt tron solana or eth the xrp and xlm should not talk they not even that level where is the TRON and tether.
I don't see anything in xrp and neither of xlm while others are really doing things they just talk and show off nonsense ...how many people really use them ? Nobody!
and btc will be just as reserve asset.
So Fiat currencies lose value and in new economy the USDT DONT need Even Fiat currencies because we connect wallets and atm cash machines instanty with usdt so we get cash without Banks.
World is Changing and If you try to guess right you end up as winner If you don't guess right you end up as loser.
Now it don't matter how much you have done years of hard work If you don't put it on right assets or currency.

But there is no need to genius to know whos winner here we see wich blockchains really got some utility and real things all ready going on so now the TRON is number one blockchain other blockchains need make more efforts to get tron level.

The property owners aswell could swich their deals into stablecoins the USDT because it's no doubt about that world moving on stablecoins standard.

But while tron and little bit xlm aswell develope and improve the xrp is doing nothing it's useless even solana is more used then xrp so garling House should show something just talking doesnt give nothing all other blockchains are moving.