[gibsons77]

I remember showing a friend this really crappy online video stream in the late 90s, and I think he said something like "How can this ever be useful? I can rent a DVD and watch high quality video without any interruptions." He wasn't wrong.

[heavenlyblue]

So it is a coin that is backed by the law system of the country you may not be residing in?

[rhlsthrm]

Yes, but right now it's much more stable to be holding that than one of the pure crypto assets. Anyone can make a stablecoin backed by another country's currency.