Re: [ANN][ERC20] cUSD Currency $CUSD - Your Fast, Secure Digital Money
Sorry that you feel so negative about something we are passionate about doing. Blockchain technology is about adoption and trust. There can be ways to enforce stability, there can be ways to try and "confidence" for stability via assets backing, but in the end its about "trust" and using something that others trust. USD Fiat is backed on nothing but trust in the USA gov't. So in the end crypto is a stage of adoption of trust in value. Its a journey we are all on.
We are looking to add value to the ecosystem and there are plans for add-on elements to enforce stability but this is not important currently in the beginning stages. We have a very large airdrop program that will make crypto history, so just sit back and watch and see it happen.
We are looking to add value to the ecosystem and there are plans for add-on elements to enforce stability but this is not important currently in the beginning stages. We have a very large airdrop program that will make crypto history, so just sit back and watch and see it happen.
And naturally you have a big airdrop coming, how else you would get shillers to defend you? Scams like these are the part of crypto history in a way that they are standing in a way of adoption.
The trust on the blockchain doesn't have anything to do with your lies on stability, but the need of trust it removes with transparency on transactions and smart contracts.
Stablecoins on the other hand are about trust all the way because we are supposed to believe that they are backed with something so comparing that to non backed fiat currencies is irrelevant. This is backed with nothing. And it would need to be in order to be a stablecoin.
If the stability isn't your concern or important to you right now, maybe stop calling it a stablecoin then.
Also quit the drama, you are obviously trying to confuse newbs with coinbase's USDC naming this cUSD.
This has nothing to do with coinbase and it's not integrated with it. This is a Scam!