Solidcoins better than stablecoins
Stablecoins in the cryptoworld were so far a necessary evil — to bring first fiat into crypto and to stabilize prices.
But the are a contradiction to the idea of crypto.
And now, stablecoins become a trap, only fools like the ECB and some countries think “they” need CBDC for total control.
US gov under Trump makes it clever. Instead of the heavy fighted against CBDC, which would be against constitution to introduce as such by the gov, they let the private Cex’s and organisations manage the stablecoins under the GENIUS act. This is a clever trick to get control over most of crypto.
The gov will have the right to command Cexes and stablecoin issuers to freeze accounts, not even of money deposited in a cex, but just freeze the account in the smart contract blockchain on command.
So govt must not bother with CBDC, they just let the privates do it. The same did they with censorship, specially when the launched their deadly covid shots and silenced all early warners — with the sad consequence of millions being killed by the vaxxs.
Thos same ppl will not restrain of freezing accounts of ppl they don’t like.
Because of this, we need alternatives in the cryptospace. Coins that are really not stablecoins by no means, but still they are enough stable in prize to be useful for daily life things and for value evaluation.
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That’s why we introduces the concept of Solidcoins.
With $Franc $China $Cash and $Paynow and partially with $Gold on Kaspa KRC-20 we will show proof of concept. The former $Franc Chocolate “stablecoin” was a proof of concept of the earlier stablecoin protocoll, we abandoned.
Now finally hibit.app multi chain dex brings most of the functionalities we need, to run our Solidcoins. What’s left is the smart contract environment, which may come about the end of 2025 and early 2026 for KRC-20 and our solidcoins.
Today, July 29, we opened to tradingpairs on hibit:
$Franc / USDT
$Franc / Kas
Because we don’t have the funds for a bigger pool. the stability is in the beginning mainly to the upside. We build a sell wall around the sell price, so we don’t expect any volatility above the current sale price.
And we will use funds from sales to build up a buy back wall, to stabilize the prize to the downside, what is finally the thing, that builds trust.
https://www.hibit.app/pro/market/FRANC/KAS
