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by cowl
1183 days ago
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What part of the "Dozen 'stable' coin fails in the past years" lesson are you having difficulties with?
There can never be a "stable" offer in this space. the stability comes from "free to print money" organisations and the only acceptable such organisations are governments (not ideal, certainly not 100% stable but the only viable one). Everything that still contributes to keep up the speculation hype value of these cryptocurrencies (and a wallet by a wellknown players does contribute to it) is a net negative. |
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The part where the major stablecoins (eg. USDC or even Tether) hasn't failed yet, and the "dozen" you speak of are the equivalent of shitcoins that never had any traction in the first place.