RE: Are Stablecoins a Cryptocurrency Volatility Solution ?

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Are Stablecoins a Cryptocurrency Volatility Solution ?

in cryptocurrency •  6 years ago 

Not possible. Stablecoins sooner or later will crash.

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OK. Could you please let us know why you think of that?

Same thing happens when govt try to manipulate prices like in Venezuela o Argentina. You can't force a price just like that. Markets put the price tag, not a govt or central authority.