> I don't take "trust me" from a crypto bro as proof of backing funds
This is a good distillation of the inherent issue going forward with crypto. The people in tech I trust _least_ (cryptobros) are selling in a service that I require the _highest_ level of trust (finance). It's a very bad sales pitch.
>>Octoth+(OP)
You don't buy stablecoins because you trust them. You buy them because a greater idiot will. For that reason, I wouldn't be particularly bothered about getting them instead of dollars, though I'd try not to hold on to them terribly long.
>>mothba+U
You buy bitcoin because you think there's a greater idiot. You buy stablecoins as a step in the path to buying bitcoin. You don't buy and hold stablecoins.