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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 reidjs on Saturday June 05, 2021 @10:55AM (#27405571)
Is it possible that such an event would benefit people who keep their btc off exchanges significantly?
[ Parent | on HN ]
Re:Bitcoin’s reliance on stablecoins harks back to the Wild ... by ac29 on Saturday June 05, 2021 @12:29PM (#27406396)
If price collapses cause the exchanges to fail and disappear with their customer's assets then I suppose you'd be better off having held your own keys. But you still have an asset who's price has collapsed.
[ Parent | on HN ]