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Yeah that's exactly it. If your coin loses value by the second, you end up turning to whatever other asset you can find. If you can't acquire a state-based curr
by phreack 6y ago
Yeah that's exactly it. If your coin loses value by the second, you end up turning to whatever other asset you can find. If you can't acquire a state-based currency from a more stable country, real estate, or any other stable asset like stocks or index funds, you turn to crypto. There's lots of people with no tech background investing in stablecoins.