RE: What Can Dash Learn From Corion

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What Can Dash Learn From Corion

in cryptocurrency •  7 years ago 

Still not sure I understand how it works in inflation. The puzzle to me is, as you said, the volatility of all of Crypto. At this point these are useful for moving to stability if we expecting a big downward motion like we just saw. Using this prior to last Saturday and rebuying would be helpful in making a few bucks without taking moneu out of Crypto, but given many of us are in the space based on the expectation of uptrend over the long term, what's the incentive to leave the money in a stable value coin? I don't understand how they could stay afloat generating more coins as value goes up unless they can remove coins as value goes down?

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Well a stable value coin might be a good place to park crypto without moving back to fiat. When they were all falling 10-20 percent a day this would be nice to wait for a turn.

If you want to pay people and they don't want to immediately cash out a stable value is nice because they can cash out whenever they get around to it. For the same value.