I'll be happy to receive my salary in usdt if my country's fiat currency is devaluing due to inflation, so that it'll not affect the value of my money, so as the currency is devaluing the stablecoins will hedge it against the inflation Secondly it'll be beneficial to me because I'm into cryptocurrency, it'll make it easier to convert it into any cryptocurrency for trading and investments. But it won't be beneficial to people whose economy are stable and also to people who're not into crypto businesses, they cannot easily spend it, they'll have to pay transaction fees in order to convert it to fiat.
Why not?
infact, I will run towards accepting it because I know it's value as a stable coin for that matter. So when you know the worth of something and you have the full knowledge of how it works, you are already in the right place and also on its advantages. Because you can be able to tell everyone about it's advantages and disadvantages. For that you will have nothing to be scared of. you can make it what ever you want to make it.
Usdt, been one of the stable coin, can be changed to any other coin with ease if you know the method to apply during the process. So I will even like it that way. that is, it should be used to for payment as it stands now.
We're even getting paid in Bitcoin and getting paid in USDT isn't a problem. Just don't pay in random altcoins that have no liquidity at all.
This is the reality that most of us wanted to get paid in Bitcoin, ETH or any other top altcoins so receiving USDT as a payment is totally fine and not a problem at all.
the instant someone receive their BTC if paid at current rate, they can easily convert it crypto is as liquid as ever, there's definitely no implication.
its just that maybe some people that aren't really well versed with cryptocurrency investment might fear losing their money even though its gonna be fine mostly if its temporary the volatility won't affect that much in my opinion.
Since the volatility rate is a very negligible one, I see nothing to be scared of. Usdt, when been used as a means of my wages payment, I will be very glad to accept it from any angle because for example, my country's currency is depreciating day by day significantly that is why I said that.
Even if it's not depreciating, for the fact that it value is not even up to 1/99 of usdt, who would not take it when given? I think most of the people that have the knowledge will eagerly and desperately going to accept it because of its significant value especially compare to their currency. So no problem.
