Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - the future stable coin
by
Marshall14
on 11/11/2018, 21:32:32 UTC
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.[/b][/color]
That's what makes it stable,normally the cryptocurrency world is unpredictable and hence coins fluctuate in more cases than not..
So hence how do we get a coin that doesn't fluctuate??,that will be pegging(merging)it to a currency/store of value that rarely ever fluctuates like Fiat,gold,or even another cryptocurrency...

So whatever the price is of the currency it's pegged to, that's exactly what the price of the particular coin is,not withstanding how it actually does fluctuate