This is one of the reasons why we are not yet prosperous. To understand Bitcoin we have to understand money. Money is a tool for transferring value, value should be the result of supply and demand.
So there is no such thing as a stable coin. What exists is that the coins are kept as a reference.
There is no stable currency.
In 97 George Soros saw that the dead money in Asia had no basis and was full of empty letters.
At that time the Thai Baht was pegged to the dollar, but because the dollar continued to strengthen, the fluctuations were absorbed by the state, and Soros shorted 1 billion Thai baht dollars, hoping that the dollar pegging would collapse.
And it's true that not long after, Thailand let go of its peg with the dollar and the liquidity crisis spread to make Pres. Suharto was in debt to the IMF. Because we don't have liquidity. Why is it that if you work at McD in Chicago, USA the salary is 20$ per hour, but here it is $300 per month? Even though the price of the chicken is more or less the same.
🤷🏻♂️🤷🏻♂️🤷🏻♂️ Because some of our liquidity is taken without us realizing it.