Re:Why I’m Cryptophobic
by lottin on Thursday June 30, 2022 @10:49AM
(#31933051)
The demand for a currency fluctuates according to various factors, therefore if the supply remains fixed its price will not be stable.
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Re:Why I’m Cryptophobic
by waynecochran on Thursday June 30, 2022 @12:20PM
(#31934776)
For argument sake, lets say it was as stable as the price of Silver...
which is fine, since you can back another cpi/whatever automated chainlink index adjusted asset with it. Sure the efficiency will not be as good as fiat but it's robust