There’s clearly demand for such a concept, and Tether isn’t the only “stablecoin” in the game (see: TrueUSD and Maker).
You forgot to mention bitUSD and bitCNY that is backed at least 2X with BTS collateral ! And it works for years (eternity in cryptospace)
And the most important thing you trade them in a decentralized DEX environment and not on the risky centralized exchanges !!!
https://wallet.bitshares.org/#/market/USD_BTS
https://wallet.bitshares.org/#/market/CNY_BTS
BitUSD, CNY and EUR as well
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Register and earn $20 bonus
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View post on dMania
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And Hero.
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Why use shady tether when you have BTS????!!11
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UK’s Royal Mint Launches Gold-Backed Cryptocurrency
https://cointelegraph.com/news/uks-royal-mint-launches-gold-backed-cryptocurrency
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https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes me i also follow and votes u....
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very good point! i think these are infinitely better alternatives to what Tether is trying to do
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what about SBD lol, wasn't that supposed to be a stablecoin
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333 comments im the 334th!
*art done by me @nmf-ii
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illuminati confirmed.
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But you forgot to mention that the risky part is to get out your virtual bitUSD, that is backed at least 2X with BTS collateral, to FIAT money without help of some exchange. If this exchange is not trustful then your money can be locked in it and no collateral could help.😉
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When you go out you use the centralized exchange that works at the moment. You don't keep your funds there. You use it only to exchange.The risk is minimal. The risk is huge only when you leave your tokens there.
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Most people leave their tokens there specially when there are no good wallets for currencies such as IOTA or VERGE
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Fiat? lol. What's that backed by big guy?
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Crypto and Fiat are backed by the same guys.
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I like your comment and also upvoted you plzzz upvote my comment plzzzzz
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@raamis, how about saying something useful or funny, less desparate.
@pumpthatcoin US fiat is backed by economic slavery of americans, mathematically impossible for them to pay off either. I know you know, this just for the un-educated on monopoly money matters
@scorer - Yes, because whole danged system came out of a fiat one
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Fiat is back by Faith. Faith is very valuable, ask Jesus.
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I like your comment and also upvoted you plzzz upvote my comment plzzzzz
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https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes me i also follow and votes u....
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Fiat is enslavement tool, it has no value.
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https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes me i also follow and votes u....
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Faith in the economic slavery of americans to pay it back to the central bankers, to be more specific. I have no faith in them. Despite that, my USD does still work for transactions, look at that!
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http://pm7.pm/ico/f6bc87aa
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https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes me i also follow and votes u....
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@espano @liodani @safetony Thoughts? Thanks!
https://steemit.com/bitcoin/@thomasawa/btc-usd-01-02-2018-update-2-complete-ta-fa
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Great post!
Please take a look at my blogs, if you are interested in Eco-Friendly mining.
Great coins with huge potential. And finally some coins that do make some profit.
Remember this is medium to long range. Feel free to join out community.
Much love viking333.
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I took a look on your blogs. Didn't find anything on Eco-Friendly mining. Are you honest? How can you honestly promise passive income?
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best regards please support and enlighten brother...
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http://pm7.pm/ico/f6bc87aa
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GET NOW FREE 0.2 BTC SIGN UP BONUS AND EARN FREE 0.01 BTC PER REFERRAL coreminer.net/?r=677829
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Thank you for the post Gregory, sounds like it's time to take cover and run for the hills.
What ever happened with your KMI long position?
You have not spoken about it lately. But you did say today that you are "out of the market"
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I got a bad feeling about Tether... I hope turns into a good feeling
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alternatives may exist. but keep in mind that world of crypto is soooo volatile. as much as someone/something is trying to regulate it - the reaction is more unpredictable. If i look at today's prices compere with couple of days ago - its unbelievable. anyway the game is not for the week harts. thank you for the contribution - much appreciated
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Register and earn $20 bonus
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What is that or what?
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