RE: RE: Algo Stablecoins Won't Save You
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RE: Algo Stablecoins Won't Save You

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Well said. "Stable coins" have a very limited use case.

Efforts to make a "stable coin" the primary focus of a platform undermines the platform.

I have to put "stable coin" in quotes because their is no such thing. All financial assets fluctuate in price.

The thing I liked about crypto is that the exchanges were developing a market that realized this natural flux.

Anyway, I am heartbroken that HIVE has chosen to follow the path of UST and the other blockchains that jeopardized the platform of the sake of a stablecoin.

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