Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by csomar on Friday June 29, 2018 @01:18PM
(#17425929)
There are other attempts that works "pretty" well: Bitshares and BitUSD. They do actually function and BitUSD had stable value.
The problem, I guess, is that these are still derivatives of the USD. They can collapse if the crypto market goes through a rough bear. They are still not the real thing.
Bitfinex is working on a decentralized exchange. It is the first step to get the scheme working.
The problem, I guess, is that these are still derivatives of the USD. They can collapse if the crypto market goes through a rough bear. They are still not the real thing.
Bitfinex is working on a decentralized exchange. It is the first step to get the scheme working.