Post #1107 by WendyBG on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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<Help me here. What good is crypto stablecoin if there has to be $1 for each dollar created? Why not just use the dollar?>

I asked the same question on an earlier thread. Someone answered that it's easier to buy cryptocurrencies with stablecoins (which are also crypto in nature) than with USDs.

<(And where are the hundreds of millions of lobbying costs and data center costs and power costs coming from, if not from crypto investors?)>

Great question! Those are real USDs so they must come from crypto investors one way or the other.
Wendy

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