Post
Topic
Board Altcoin Discussion
Re: Bad feeling like a bomb is gonna go off
by
marcombo
on 26/02/2023, 09:12:38 UTC
The whole concept of an "stable cryptocurrency which is backed by centralized organizations" is an oxymoron in the cryptospace. People are blindly trusting that those organizations are holding the same amount of dollars than the amount they emitted of the "stable" coin, and no matter the market situation they will be there to maintain the price at all cost. Difficult for me to believe in that deal.