Post
Topic
Board Altcoin Discussion
Re: Stable coin
by
Plecet Bank
on 26/05/2019, 08:16:20 UTC
Pls I'd like to be enlightened on the importance of stable coin in the crypto space... I hear Facebook coin will be a stable currency... what are the use of stable coins??

It may not be so much pointless for stable coins. We make a profit because the price of the coin has increased price. So the changes that happen to the coin and especially Bitcoin will have an impact on all the coins. If Facebook coins exist, I think the price will be threaded. And if it stabilizes it will be difficult because we see from this long already happening inside the market.