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A comment on Coinbase is launching support for the USDC stablecoin. Parent comment

Re:Coinbase is launching support for the USDC stablecoin by Permit on Tuesday October 23, 2018 @12:47PM (#18285034)
>Doesn't that defeat the whole purpose of cryptocurrencies though?

Depends who you ask. The cryptocurrency community thus far have been happy to participate in ICOs in which cryptocurrencies are issued from a central authority.

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Re:Coinbase is launching support for the USDC stablecoin by jstanley on Tuesday October 23, 2018 @01:11PM (#18285270)
Don't get two distinct groups confused.

The people buying ICOs are looking to get rich quick, the people interested in decentralised money are not buying ICOs.

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