3 ms·
Absolutely! My point is that it's ill-suited to be a currency because we know now that stable currencies need to be able to match supply to demand. Because of c
by cheald 7y ago
Absolutely! My point is that it's ill-suited to be a currency because we know now that stable currencies need to be able to match supply to demand. Because of crypto's fixed supply, it behaves more like an asset (though it certainly need not be an appreciating asset).
Overall, I believe that a successful crypto will behave more like an asset than a currency. The failing ones are just dust.