RE: RE: How Stable The Stablecoins You Hold
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RE: How Stable The Stablecoins You Hold

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4y

There is no such thing as stable coin. All prices in the economy are in flux.

Personally, I try to avoid stable coins. The pegs used to stabilize coins usually increase the volatility of the other coins on the market.

Stabilizing the US Dollar seemed like a good idea a few years ago. The current US regime is printing money irresponsible. So, not only do the pegs add volatility to the market, they are stabilizing to a potentially unstable currency.

The US is likely to enter a period of double digit inflation which will shake up the world economy and any blockchain that pegs coins to the dollar.

@yintercept: There is no such | Ecency