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A comment on Bitcoin’s reliance on stablecoins harks back to the Wild West of finance. Parent comment

Re:Bitcoin’s reliance on stablecoins harks back to the Wild ... by G3rn0ti on Saturday June 05, 2021 @02:45AM (#27402794)
Because an index tracker exposes you to the risk of falling indices. Using a solid stable coin (DAI) and earning yield using an established lending platform (Compound or AAVE) or liquidity pool (Curve) does not. However, these new financial tools of course have other inherent risks but they are probably smaller than exposing oneself to the wildly fluctuating Bitcoin price.
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Re:Bitcoin’s reliance on stablecoins harks back to the Wild ... by peteretep on Saturday June 05, 2021 @03:11AM (#27402915)
> a solid stable coin … established lending platform

I think we are probably eons apart on the meanings of the words “solid”, “stable”, and “established” here.

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