Post
Topic
Board Altcoin Discussion
Re: The use of stable coins or no?
by
alt-fire
on 28/11/2019, 19:09:26 UTC
On the other day, I think of the use of stable coins. I mean, when can we use Stable coins as an alternative fiat. You see when a bull run comes and everyone will start to sell their Bitcoins and some other coins into fiat the network will be congested.

So I think if we buy Stable coins with some stable volume, we will no longer need to worry about unable to sell our bitcoin into fiat.
Rather we only need to do this thing right? is this some acceptable alternative or no?



That is not bad idea - to invest in stable coin. But this stable coin should be trusted and have a good volume. Such good is like USDT or USDC. That is much trusted coins. Another good stable coins can arrive but need more time.