Post
Topic
Board Economics
Re: What do you think about stablecoins and price volatility?
by
Simon Eaton
on 22/04/2018, 19:02:34 UTC
I also don't really love the thought of needing a stable coin just because of the way it reflects on the market as a whole. You would hope there would be a coin that was relatively stable but as of yet the market doesn't seem to be mature enough to have a coin that is relatively volatility averse. That being said, in order for this industry to grow we need an avenue for investors to not get decimated by price volatility and this is where stable coins come in. I think they are a necessary evil that will not be going anywhere until the market reaches maturity. I think we all have our suspicions regarding tether. We do have some great stable coin projects in the pipeline and I think 2018 will see an influx of some really good alternatives