Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - the future stable coin
by
disappear4ever
on 11/11/2018, 16:54:53 UTC
A stable coin is a coin that do not fluctuate up and down regardless of the market condition. Bitcoin been bought as a results of investors selling their Tether does not make bitcoin a stable coin. Bitcoin isn't pegged to a particular fiat currency on 1:1 ratio hence cant be  a stable coin.

Why a stable coin must pegged to a fiat currency to be a stable coin?  neither gold nor USD. I think only the unique one trusted by most of the people have this opportunity.