News for hackers. Stuff that matters.
Re:Tether price manipulation by anakaine on Friday January 08, 2021 @04:17PM (#25690642)
The barriers to entry, usage, and understanding are just too high for average Joe. That and how the value of their money fluctuates compared to fiat makes it more difficult to use as a daily currency. Also, when things go wrong there's nobody to turn to in most cases.
Re:Tether price manipulation by spurgu on Saturday January 09, 2021 @06:54PM (#25706504)
> The barriers to entry, usage, and understanding are just too high for average Joe.

Mentioned in another thread[0], the Phoenix wallet more or less solves this on the Lightning Network.

[0] https://news.ycombinator.com/item?id=25706312