Post
Topic
Board Economics
Re: Is it good or bad idea saving every penny on crypto stable coins
by
niall51
on 09/03/2024, 19:50:56 UTC
Sometimes I begin to imagine instead of transferring my money into the bank to keep for a number of days or months before usage in form of savings that nothing will add up instead it remains stagnant or the bank charges me even more. Is it not better I save them on a stable coin such as the USDT?

Please what do you think? Will I end up losing my funds one day if I do so?
To me I feel it's good way to save.

Please what's your opinion on this?

depending on what stablecoin you choose, we don't know in the future even banks could go bankrupt, what's more, stablecoins, in my opinion, are the same as saving your money in fiat, the risks are the same depending on whether you choose to save physical or digital fiat.