Quote from: Expecto on October 22, 2019, 07:40:40 PM

Quote from: micalith on October 20, 2019, 03:17:39 PM

Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.

To my mind, stable coins (e.g. Libra) won't be a threat for Bitcoin. Bitcoin will continue to develop and be among the top currencies in the future. Besides, stable coins can be used by governments after fiat money loses its worth.

I don't think so because how they will earn from it if the price is stable? If investing is their only way to ear will It's too bad for them. Well, I don't think it's a threat for bitcoin since it still has a lot of investors now since the value dragging down so investors might earn some profit when the value rises again. Stable coins are the same ecosystem with fiat I guess.