Many states have already legalized the crypto currency, but made it property, not a means of payment. But this did not affect the work of bitcoin. Difficulties in working with crypto-currencies arise only in those countries that have banned the use of crypto currency.

A stable coin is any cryptocurrency pegged to a stable asset, such as gold or fiat currencies. In theory, a stablecoin will remain constant in price, as it is a representation of a known amount of an asset.

My question is: Does a stable coin have a set total coin supply? Or does it have to be able to create and destroy based on the demand?

The image in my head goes like this:
A stable coin pegged to a currency started off its business saying it would have a coin supply of $5 billion. Everything works well until one day, the crypto market goes south and everyone rush to buy the stable coin. The coin is unable to sell to everyone because the demand for the coin is too high, so some people are left out.

Please correct me my misconception

For me it would be Bitcoin and Etherium. Since Eth price is increasing and has really high potential in the market. It make some time to achieve our expected price. Investing in cryptocurrency might be a big risks to take but we all know that in the end it will be all worth.

 At this moment it is really good to buy  because market is down,a lot of coins are cheaper in price so buy now and hold until market back  to normal.

But looking at the current charts, there are no signs of bearish activities or any patterns that may suggest that the bears still have the momentum to push. The bullish push might seem weak, and I totally agree with that, but as long as there are no bearish movements in the market, it should be fine. We all know that this rise could be another trap, but it's already 2-3 days of solid price movement going upwards, and usually traps only appear for a couple hours before the bears pull it off and cash the losses of others but in this case, it's just smooth sailing since Wednesday.

Wouldn't be overconfident in here, but it seems that the bears' grip at the market have already weakened.

Rothschild: Get Ready For One World Currency By 2018

A Rothschild publication predicts that a one world currency is likely to be put in place as soon as 2018 – eroding individual nations’ sense of sovereignty.

The Rothschild-controlled Economist magazine published an article 30 years ago that highlighted the proabability of a world currency by the year 2018.

Thefreethoughtproject.com reports:

One must also keep in mind that the controlling interest of The Economist is held by the powerful Rothschild family, who regard themselves as the “custodians of The Economist magazine’s legacy.” In essence, the magazine operates as a quasi-propaganda arm for the Rothschild banking empire and related businesses and, is in many ways, meant to prime the pump of public opinion for the globalist agenda to be implemented.

The excerpt below appeared in the print magazine on January 9, 1988, in Vol. 306, pp 9-10.

Ready for the Phoenix

THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.
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At the beginning of 1988 this appears an outlandish prediction. Proposals for eventual monetary union proliferated five and ten years ago, but they hardly envisaged the setbacks of 1987. The governments of the big economies tried to move an inch or two towards a more managed system of exchange rates – a logical preliminary, it might seem, to radical monetary reform. For lack of co-operation in their underlying economic policies they bungled it horribly, and provoked the rise in interest rates that brought on the stock market crash of October. These events have chastened exchange-rate reformers. The market crash taught them that the pretence of policy co-operation can be worse than nothing, and that until real co-operation is feasible (i.e., until governments surrender some economic sovereignty) further attempts to peg currencies will flounder.

…

The New World Economy

The biggest change in the world economy since the early 1970’s is that flows of money have replaced trade in goods as the force that drives exchange rates. as a result of the relentless integration of the world’s financial markets, differences in national economic policies can disturb interest rates (or expectations of future interest rates) only slightly, yet still call forth huge transfers of financial assets from one country to another. These transfers swamp the flow of trade revenues in their effect on the demand and supply for different currencies, and hence in their effect on exchange rates. As telecommunications technology continues to advance, these transactions will be cheaper and faster still. With unco-ordinated economic policies, currencies can get only more volatile.

…

In all these ways national economic boundaries are slowly dissolving. As the trend continues, the appeal of a currency union across at least the main industrial countries will seem irresistible to everybody except foreign-exchange traders and governments. In the phoenix zone, economic adjustment to shifts in relative prices would happen smoothly and automatically, rather as it does today between different regions within large economies (a brief on pages 74-75 explains how.) The absence of all currency risk would spur trade, investment and employment.

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The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate – and hence, within narrow margins, each national inflation rate- would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit. With no recourse to the inflation tax, governments and their creditors would be forced to judge their borrowing and lending plans more carefully than they do today. This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.

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As the next century approaches, the natural forces that are pushing the world towards economic integration will offer governments a broad choice. They can go with the flow, or they can build barricades. Preparing the way for the phoenix will mean fewer pretended agreements on policy and more real ones. It will mean allowing and then actively promoting the private-sector use of an international money alongside existing national monies. That would let people vote with their wallets for the eventual move to full currency union. The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power.

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The alternative – to preserve policymaking autonomy- would involve a new proliferation of truly draconian controls on trade and capital flows. This course offers governments a splendid time. They could manage exchange-rate movements, deploy monetary and fiscal policy without inhibition, and tackle the resulting bursts of inflation with prices and incomes polices. It is a growth-crippling prospect. Pencil in the phoenix for around 2018, and welcome it when it comes.

Only ten years later, in 1998, The Economist was once again engaging the public in an effort to forward the globalist agenda, with an article entitled “One world, one money.”

Very much in line with the 1988 piece, the publication attempts to explain why a much more centralized and controlled system would be beneficial to the global economy, while wholly ignoring the fact that such a centralized global currency would be a massive coup for the international banking cartel, and the Rothschild banking empire’s financial bottom line.

Additionally, it must be noted that the creation of a global currency would give an inordinate amount of geopolitical capital to unelected international bankers, and subsequently take power away from the citizens of each nation and their respective governmental representatives.

Does anyone really want international bankers to have such a vast amount of political power on top of the massive financial influence and sway they already hold in the halls of power?People want more say in their own lives, not having policy dictated to them by international banksters and bureaucrats.

Control over a nation’s money supply is, for all intents and purposes, the lifeblood of a state’s sovereignty – without this independence, the state only exists in name but is subservient to supranational powers whose interests lie outside of domestic and national political/economic concerns.

“GIVE ME CONTROL OF A NATION’S MONEY SUPPLY, AND I CARE NOT WHO MAKES ITS LAWS,” said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty.

Although the Rothschild family now generally keep a very low public profile, they still have significant business operations across a wide spectrum of sectors. While you may not find any one particular Rothschild on the Forbes’ most rich list, the family is estimated to control $1 trillion dollars in assets across the globe, thus having a strong voice across the geopolitical spectrum that many perceive as a hidden hand manipulating events silently from behind a veil of secrecy and silence.