I just read in the article how much stable coins there is.
Why would I buy a stable coin if this literally just creates money out of thin air and me trusting some company that they just lend money to me for free?
We do two things which are normally a sign of economic loss.
> Why would I buy a stable coin if this literally just creates money out of thin air and me trusting some company that they just lend money to me for free?
Why are you so sure? Don't your Appartment not use any oven or hair dryer or dryer at all?
At minimum you can easily charge a car with 1.5kwh. that's less than a oven which might just eat 5-6 kWh while baking stuff.
It might need a little bit of smart charging, given, but we know how to build this.
In Germany it's expected that ev add 10% to the current energy consumption.
It's btw more efficient to burn the gas for energy in highly efficient big power plants were it's also much easier to filter the shit out and then using electronic engines (EVs) just because engines are that inefficient.
And in worst case we will still be able to have ice were it is really not doable until it is.
Why would I buy a stable coin if this literally just creates money out of thin air and me trusting some company that they just lend money to me for free?
We do two things which are normally a sign of economic loss.