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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.
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...
Re:Why I’m Cryptophobic by diogenes1 on Thursday June 30, 2022 @10:57AM (#31933179)
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
Re:Why I’m Cryptophobic by lottin on Thursday June 30, 2022 @11:38AM (#31934024)
I thought we were talking about price stability.