Re: What do you think about stablecoins and price volatility?

Quote from: teddyelwyn on March 13, 2018, 10:02:06 PM

Hey guys, saw this read today about stablecoins and I'm curious what you think about them. Personally not a fan of tether for obvious reasons lol. Heard about the up and coming havven which isn't backed by fiat or gold. All very interesting projects that can lead to everyday transactions.

https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#71d1bb314fc6

Well i think stable coins is not an object of having more profit, as you think that people who are trying to get more coins is because to have more assets but not just possessing them. Thats why stable coins are not useful, and i think there are some insufficiencies behind the Tether, thats why am not recommending it to you.