Over the years, more and more people have adopted cryptocurrencies like Bitcoin as their vehicle for financial freedom and savings safeguard. The largest cryptocurrency by market capitalization is usually preferred by those who want to protect their money against political and economic turmoil.
Despite this, not all individuals facing economic hardship can dive face-first into the flagship cryptocurrency or any other digital asset with volatility risk. A recent post by former NFL player and Bitcoin advocate Russell Okung ignited a discussion over Bitcoin and stablecoins adoption in Africa.
Stablecoins Preferred Over Bitcoin In Struggling Economies
Professional athlete Russel Okung sparked a debate on X (formerly known as Twitter) after sharing his experience of advocating for the Lighting Network in Africa. Okung, known for his Bitcoin advocacy through the years, explained that the experience made him face a “cold, hard realization” about his perspectives on cryptocurrency adoption in Africa.
In the post, the former NFL player explained that he found out people were more interested in dealing with USDT before Bitcoin despite his efforts to advocate for the flagship cryptocurrency:
They desired USD, even if they were synthetic versions.
Members of the crypto community shared their thoughts on the matter. Many users, including Bitcoin podcaster Peter McCormack, highlighted similar experiences in Africa and countries like Argentina and Lebanon.
I’ve had the exact same experience in Argentina, Africa and Lebanon this year. People want dollars.
— Peter McUnsignedInteger 🏴☠️ (@PeterMcCormack) February 18, 2024
Individuals in countries with underdeveloped or struggling economies gravitate toward more “stable assets,” as many pointed out in the replies. Undoubtedly, exposure to a currency like USD through stablecoins appears to be a better and more secure option for many than their devaluated national currency.
A recent report from the Mexican crypto exchange Bitso revealed data that suggest stablecoin adoption is preferred over Bitcoin in countries like Argentina and Colombia.
The exchange’s data analysis shows that both Latin American countries have high crypto adoption. However, due to their struggling economies, most users in the platform revolve around stablecoins like USDT and USDC instead of Bitcoin.
In the discussion, another X user pointed out that these struggling economies don’t give crypto enthusiasts the “luxury” of considering the long-term benefits of holding Bitcoin as a “store of value” as their short-term necessities overpower any future compensations they could receive.
Stablecoins: A Stepping Stone For Crypto Enthusiast
Austin Campbell, Founder & Managing Partner of Zero Knowledge Consulting, took Okung’s post to share his view. Campbell noticed the same adoption pattern as Okung during his time at Paxos, observing people’s preference for USD stablecoins as the digital asset to hold their money.
However, the stablecoin philosopher doesn’t consider this behavior to come from ignorance. Instead, he deems that it aligns with understanding Bitcoin as a store of value rather than an everyday-transaction cryptocurrency.
Campbell drew a comparison between gold and Bitcoin to explain his view further. In his comparison, he emphasized how people don’t pay for everyday items, like sandwiches, with gold. Instead, they store an asset like gold and partially sell it off occasionally for “more liquid fiat currency, with which we buy sandwiches.”
According to the professor, cryptocurrencies won’t be any different in the long run, as no single form of money is “good for both liquid and deep transactions at all times and a good store of value.”
However, Campbell considers that choosing to leave local financial systems, even though USD stablecoins, “is still a significant upgrade compared to most local systems in many countries.”
Lastly, angel investor Stephen Cole also expressed a similar view. Cole shared his acceptance of USD stablecoins as an “important part of the journey” toward Bitcoin ultimately replacing fiat money. The investor considers stablecoins a “lifeline for many facing hyperinflation who aren’t in a position to think about long-term saving.”
Bitcoin is trading at $52,321.8 in the daily chart. Source: BTCUSDT on TradingView.com
Featured image from Unsplash.com, Chart from TradingView.com
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Accuracy and Manufacturing Quality Concerns: Within sectors where demand exact measurements, such as production or space industry, resonance may cause flaws with production, causing defects as well as increased waste.
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Internet casino platforms deliver an exhilarating selection of casino games, many of these now incorporate crypto as a payment option. Of the most popular services, BC Game Casino, Panda Casino, Casino Axe, and Kingz Casino are growing in popularity, as Bit Starz distinguishes itself with numerous awards. Cloudbet Casino stands out for being a regulated crypto casino, offering player security and fairness, while Fairspin as well as Mbit Casino feature an extensive variety of digital currency games.
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нижний брус из листвяка гораздо надежнее и эффективно доказал свои качества благодаря обладанию устойчивостью и нечувствительностью к гниению. При этом, ее также необходимо обеспечивать защиту при помощи биоцидного средства, как и все остальные балки.
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volante de equilibrado con cesta de embrague
Dicho volante de nivelacion con compartimento de embrague representa un metodo critico para verificar el desempeno excelente del propulsor y la transferencia de un transporte. El desajuste en esta parte llega a producir sacudidas, estruendo, uso prematuro de los elementos e hasta averias. Historicamente, el equilibrado se efectuaba luego de desmontar el rotativo del unidad, aunque las innovaciones modernas permiten efectuar tal proceso sin intermediarios en el automotor, lo que ahorra plazo y dinero.
?Que es el Falta de equilibrio?
El desequilibrio representa una situacion en la donde la cantidad de un cuerpo rotativo (en este ejemplo, el volador de balanceo con compartimento de embrague) se reparte de modo desequilibrada en funcion de su punto de rotacion de giro. Lo cual produce cargas centrifugas las cuales provocan oscilaciones.
Principales del Desbalance del Volante de Nivelacion con Canasto de Embrague:
Imprecisiones de fabricacion y acoplamiento: Aunque minimas divergencias en la diseno de los componentes podrian generar desequilibrio.
Desgaste y averias: El operacion prolongada, el sobrecalentamiento y los danos mecanicos podrian afectar la peso y conducir en desajuste.
Colocacion o servicio inapropiada: Una montaje inadecuada de la recipiente de embrague o mantenimientos inadecuados tambien podrian originar desajuste.
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在現今的娛樂世界中，線上娛樂城已成為眾多玩家的首選。無論是喜歡真人遊戲、老虎機還是體育賽事，每個玩家都能在娛樂城中找到自己的樂趣。以下是一些熱門的娛樂城及其優惠活動，幫助您在選擇娛樂平台時做出明智的決定。
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富遊娛樂城以其豐富的遊戲選擇和慷慨的優惠活動吸引了大量玩家。新會員只需註冊即可免費獲得體驗金 $168，無需儲值即可輕鬆試玩。此外，富遊娛樂城還提供首存禮金 100% 獎勵，最高可領取 $1000。
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AT99娛樂城以高品質的遊戲體驗和優秀的客戶服務聞名。該平台提供各種老虎機和真人遊戲，並定期推出新遊戲，讓玩家保持新鮮感。
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WM真人視訊百家樂是許多玩家的首選，該遊戲提供了真實的賭場體驗，並且玩法簡單，容易上手。
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戰神賽特老虎機以其獨特的主題和豐富的獎勵機制，成為老虎機愛好者的最愛。該遊戲結合了古代戰神的故事背景，讓玩家在遊戲過程中感受到無窮的樂趣。
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富遊娛樂城為 VIP 會員提供無上限的返水優惠，最高可達 0.7%。此活動讓玩家在遊戲的同時，還能享受額外的回饋。
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娛樂城推薦
娛樂城推薦與優惠詳解
在現今的娛樂世界中，線上娛樂城已成為眾多玩家的首選。無論是喜歡真人遊戲、老虎機還是體育賽事，每個玩家都能在娛樂城中找到自己的樂趣。以下是一些熱門的娛樂城及其優惠活動，幫助您在選擇娛樂平台時做出明智的決定。
各大熱門娛樂城介紹
1. 富遊娛樂城
富遊娛樂城以其豐富的遊戲選擇和慷慨的優惠活動吸引了大量玩家。新會員只需註冊即可免費獲得體驗金 $168，無需儲值即可輕鬆試玩。此外，富遊娛樂城還提供首存禮金 100% 獎勵，最高可領取 $1000。
2. AT99娛樂城
AT99娛樂城以高品質的遊戲體驗和優秀的客戶服務聞名。該平台提供各種老虎機和真人遊戲，並定期推出新遊戲，讓玩家保持新鮮感。
3. BCR娛樂城
BCR娛樂城是一個新興的平台，專注於提供豐富的體育賽事投注選項。無論是足球、籃球還是其他體育賽事，BCR都能為玩家提供即時的投注體驗。
熱門遊戲推薦
WM真人視訊百家樂
WM真人視訊百家樂是許多玩家的首選，該遊戲提供了真實的賭場體驗，並且玩法簡單，容易上手。
戰神賽特老虎機
戰神賽特老虎機以其獨特的主題和豐富的獎勵機制，成為老虎機愛好者的最愛。該遊戲結合了古代戰神的故事背景，讓玩家在遊戲過程中感受到無窮的樂趣。
最新優惠活動
富遊娛樂城註冊送體驗金
富遊娛樂城新會員獨享 $168 體驗金，無需儲值即可享受全場遊戲，讓您無壓力地體驗不同遊戲的魅力。
VIP 日日返水無上限
富遊娛樂城為 VIP 會員提供無上限的返水優惠，最高可達 0.7%。此活動讓玩家在遊戲的同時，還能享受額外的回饋。
結論
選擇合適的娛樂城不僅能為您的遊戲體驗增色不少，還能通過各種優惠活動獲得更多的利益。無論是新會員還是資深玩家，都能在這些推薦的娛樂城中找到適合自己的遊戲和活動。立即註冊並體驗這些優質娛樂平台，享受無限的遊戲樂趣！
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娛樂城推薦與優惠詳解
在現今的娛樂世界中，線上娛樂城已成為眾多玩家的首選。無論是喜歡真人遊戲、老虎機還是體育賽事，每個玩家都能在娛樂城中找到自己的樂趣。以下是一些熱門的娛樂城及其優惠活動，幫助您在選擇娛樂平台時做出明智的決定。
各大熱門娛樂城介紹
1. 富遊娛樂城
富遊娛樂城以其豐富的遊戲選擇和慷慨的優惠活動吸引了大量玩家。新會員只需註冊即可免費獲得體驗金 $168，無需儲值即可輕鬆試玩。此外，富遊娛樂城還提供首存禮金 100% 獎勵，最高可領取 $1000。
2. AT99娛樂城
AT99娛樂城以高品質的遊戲體驗和優秀的客戶服務聞名。該平台提供各種老虎機和真人遊戲，並定期推出新遊戲，讓玩家保持新鮮感。
3. BCR娛樂城
BCR娛樂城是一個新興的平台，專注於提供豐富的體育賽事投注選項。無論是足球、籃球還是其他體育賽事，BCR都能為玩家提供即時的投注體驗。
熱門遊戲推薦
WM真人視訊百家樂
WM真人視訊百家樂是許多玩家的首選，該遊戲提供了真實的賭場體驗，並且玩法簡單，容易上手。
戰神賽特老虎機
戰神賽特老虎機以其獨特的主題和豐富的獎勵機制，成為老虎機愛好者的最愛。該遊戲結合了古代戰神的故事背景，讓玩家在遊戲過程中感受到無窮的樂趣。
最新優惠活動
富遊娛樂城註冊送體驗金
富遊娛樂城新會員獨享 $168 體驗金，無需儲值即可享受全場遊戲，讓您無壓力地體驗不同遊戲的魅力。
VIP 日日返水無上限
富遊娛樂城為 VIP 會員提供無上限的返水優惠，最高可達 0.7%。此活動讓玩家在遊戲的同時，還能享受額外的回饋。
結論
選擇合適的娛樂城不僅能為您的遊戲體驗增色不少，還能通過各種優惠活動獲得更多的利益。無論是新會員還是資深玩家，都能在這些推薦的娛樂城中找到適合自己的遊戲和活動。立即註冊並體驗這些優質娛樂平台，享受無限的遊戲樂趣！