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What would the stable coin look like? I mean, we already have 700+[1] "coins." we are way passed the ridiculous stage on that front. [1] - https://en.wikipedia

What would the stable coin look like? I mean, we already have 700+[1] "coins." we are way passed the ridiculous stage on that front. [1] - https://en.wikipedia.org/wiki/List_of_cryptocurrencies https://en.wikipedia.org/wiki/List_of_cryptocurrencies

izqui 10y ago
A stable coin is a crypto asset that is backed by a real value. If you own 1 EthUSD, there is a warranty that someone will give you 1 USD for that token
- mypalmike 10y ago
  This is sarcasm, no?
- plttn 10y ago
  So a meta-fiat currency?
- joosters 10y ago
  A real-world warranty, which means you can't rely on it. You might own as many EthUSD tokens as you want but you can never be sure that someone will buy them from you at the 'fixed' price.
cslarson 10y ago
A stable coin is a token that, using some mechanism, is able to hold a stable value. The most prominent group trying to make this work using ethereum, I think, is http://makerdao.com/docs/ http://makerdao.com/docs/.
deleted 10y ago
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