2 ms·
Are you sure crypto will solve the problem of volatile currencies? BTC crashes on around a yearly basis [0], it's to find any currency more volatile than that.
by malermeister 5y ago
Are you sure crypto will solve the problem of volatile currencies? BTC crashes on around a yearly basis [0], it's to find any currency more volatile than that.
[0] https://www.yahoo.com/video/7-biggest-bitcoin-crashes-history-180038282.html https://www.yahoo.com/video/7-biggest-bitcoin-crashes-histor...
- TimJRobinson 5y agoYes, they're called stablecoins. Dai is a decentralized stablecoin that is always pegged to $1 USD. Rai is a stablecoin that is pegged to itself (using a feedback mechanism). Both are on Ethereum and if you keep wealth in them that wealth cannot be confiscated or censored (except with a physical wrench attack).