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by thisisit 2986 days ago
Something is unstable because market wants it to be unstable. There are no mathematically underpinnings which can stop them from a long time. This is a fallacy which cryptocurrency groups need to wake up from. Sure it looks like math can solve this problem and many have over the years relied on solid math only to fail. See:

https://en.wikipedia.org/wiki/Long-Term_Capital_Management

But, what about controlling supply like Basecoin? See SNB peg of 1.2:

https://en.wikipedia.org/wiki/Swiss_franc#2011%E2%80%932014:...

Their peg was broken many times before they removed it completely in 2015.