Post
Topic
Board Altcoin Discussion
Re: Stablecoins are the new money, is this true?
by
crwth
on 27/02/2019, 03:29:09 UTC
We need sound money like ampleforth more than we need another fiat backed stablecoin.
Isn't that just going to be like what we are trying to avoid? The essence of having cryptocurrency is to stay away from things like that. I mean, what's the difference now than before? Of course, now, the printed money is not backed anymore and even the gold standard, how are we so sure that it's going to be back? At least with a limited supply of coin, we could see how much growth there could be or something.