Re:Bitcoin: Update network descriptions to be more accurate
by smallnamespace on Sunday December 31, 2017 @02:02AM
(#16039717)
> Is it even possible to have a stable priced crypto?
Stable with respect to what? Fiat? Which one?
In the limit you will have a cryptocurrency backed by a fiat currency (and I don't consider Tether to be one. Bitfinex will allow you to exchange $1 for 1 tether, but nobody will guarantee you can go the other direction).
Stable with respect to what? Fiat? Which one?
In the limit you will have a cryptocurrency backed by a fiat currency (and I don't consider Tether to be one. Bitfinex will allow you to exchange $1 for 1 tether, but nobody will guarantee you can go the other direction).