💠💠💠 Dollar 2.0. 💠💠💠
You can divide the various types of crypto-dollars into three groups, two of which are interchangeable stablecoins:
#centralized currencies with dollar security;
#decentralized currencies with collateral;
synthetic dollars with collateral in the form of derivative financial instruments.
#Stablecoins are quite common today, so we will not consider.
💠💠💠 But synthetic dollars with collateral in the form of derivative financial instruments are an #interesting tool.
Bitcoin for most is the embodiment of several ideals at once. This is sovereign hard #money, a currency with a fixed volume of issue, which has value because it cannot be discounted. Or use it as a speculative tool. Bitcoin can be used as collateral for the #issuance of synthetic dollars, a #financial #instrument outside the sphere of influence of the traditional system, but with the purchasing power of the dollar. That is, in other words, Eurodollars. ▶️
You can divide the various types of crypto-dollars into three groups, two of which are interchangeable stablecoins:
#centralized currencies with dollar security;
#decentralized currencies with collateral;
synthetic dollars with collateral in the form of derivative financial instruments.
#Stablecoins are quite common today, so we will not consider.
💠💠💠 But synthetic dollars with collateral in the form of derivative financial instruments are an #interesting tool.
Bitcoin for most is the embodiment of several ideals at once. This is sovereign hard #money, a currency with a fixed volume of issue, which has value because it cannot be discounted. Or use it as a speculative tool. Bitcoin can be used as collateral for the #issuance of synthetic dollars, a #financial #instrument outside the sphere of influence of the traditional system, but with the purchasing power of the dollar. That is, in other words, Eurodollars. ▶️