RE: Is it possible to create a stable-coin without any fiat backing it?

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Is it possible to create a stable-coin without any fiat backing it?

in cryptocurrency •  7 years ago 

My guess is, the only way it would really work is if all the exchanges agree. As soon as one decides to change the price and try to manipulate the market, then the game is off. How likely is that to happen?

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7 years ago by

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      ·  7 years ago (edited)

    How likely is that to happen?

    100 in 100 chances, maybe?...lol

    Peace.

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