Web3 vs Stablecoin

The internet's rebellious phase: promises decentralization, delivers a lot of jargon and gas fees meets crypto's attempt at adulting. Here's our take.

Web3

Nice Pick

The internet's rebellious phase: promises decentralization, delivers a lot of jargon and gas fees.

Pros

• Enables decentralized applications (dApps) without central control
• Smart contracts automate trustless transactions
• Users gain ownership of data and digital assets

Cons

• High transaction costs (gas fees) can be prohibitive
• Complexity and steep learning curve for developers and users
• Scalability issues and slow transaction speeds on many blockchains

Stablecoin

Crypto's attempt at adulting. All the blockchain, none of the rollercoaster ride.

Pros

• Reduces volatility for practical use in transactions and DeFi
• Acts as a bridge between traditional finance and crypto ecosystems
• Enables faster, cheaper cross-border payments compared to banks

Cons

• Centralized models risk regulatory crackdowns and trust issues
• Algorithmic versions can depeg and crash spectacularly

The Verdict

Use Web3 if: You want enables decentralized applications (dapps) without central control and can live with high transaction costs (gas fees) can be prohibitive.

Use Stablecoin if: You prioritize reduces volatility for practical use in transactions and defi over what Web3 offers.

The Bottom Line

Web3 wins

The internet's rebellious phase: promises decentralization, delivers a lot of jargon and gas fees.