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A comment on Crypto firm BlockFi files for bankruptcy as FTX fallout spreads. Parent comment

Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by tootie on Monday November 28, 2022 @05:00PM (#33780467)
Stablecoins are cryptofiat. There's no compelling reason to use a stablecoin over using USD.
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Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by mrep on Tuesday November 29, 2022 @10:12AM (#33788514)
But transferring to stablecoins means you don't have a taxable event and thus don't have to pay cap gains /s
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