Re:UST “Stablecoin” at $.43
by Cthulhu_ on Wednesday May 11, 2022 @05:21AM
(#31337577)
I mean if you want a stable coin... just use dollars? I get that you want to make use of some of the benefits of crypto, but the downside is that there's scams and instability everywhere, and "stable" coin is just a sales pitch, not a guarantee.
I mean the USD is not stable either by definition, but there's more checks and balances there and your $1000 won't halve in value overnight except in extreme situations like the world shutting you off of the international financial system for invading a neighbouring country.
I mean the USD is not stable either by definition, but there's more checks and balances there and your $1000 won't halve in value overnight except in extreme situations like the world shutting you off of the international financial system for invading a neighbouring country.