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RE: STEEM DOLLAR Peg Debate : Stakeholder Analysis

in #steem7 years ago

It's about getting mainstream adoption. Average Joe won't give up his stable fiat currency for a volatile cryptocurrency. We need a stable cryptocurrency to bridge the gap and provide a gateway for the mainstream to move into crypto. Then once we have mainstream adoption then the market will be big enough that volatility won't be a problem. At that point we can ditch fiat altogether.