adultorata

You can move $2 billion worth of capital PERMISSIONLESS with a click of a button, the only thing you need is the private key, are you being disingenuous on purpose or what?

Check out Ampleforth, fair supply distribution

Good luck sending 10 BTC worth of USD from a US bank to China or Russia, or ANY bank without raising eyebrows and getting your bank account locked/frozen

Check out Ampleforth, a perfect elastic supply, if Bitcoin had oracles in 2008, then the protocol would've behaved as AMPL

You may be interested in the SPOT cryptocurrency, it's design claims to be 'an inflation-resistant store of value that features responsible protocol design choices. It is a freely redeemable, on-chain, stable asset that can safely wind down to zero users under stress without interventional bailouts'

spot.cash

In a way yes, you don't understand it completely, DeFi space is close to solving inflation, we're just really really early, yes, 99% of tokens will die, but that 1% that lives will be the building foundation of the future of smart money, novel winning economist Hayek proposed denationalisation of money and we are finally witnessing it, I do seriously think you don't understand it.

I agree on this, although ampleforth is not specifically a stablecoin, but nonetheless it's one of the most interesting economic experiments I've witnessed since bitcoin, a true Hayek money had never been possible before in humanity, thanks to chainlink a currency that even Satoshi Nakamoto dreamed of is now possible