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If you want to peg your wealth to the USD, use a stable coin pegged to it. That's what Russians seem to be doing right now. What you are saying would be simila
by rmbyrro 5y ago
If you want to peg your wealth to the USD, use a stable coin pegged to it. That's what Russians seem to be doing right now.
What you are saying would be similar to: there's no way I would use the financial system, look how the futures exchange is volatile!
Just keep it in cash, then, but you don't have to ditch the entire system because parts of it are volatile.
- tomc1985 5y agoDoes the futures market swing 50%? Sure the smart ones use a stablecoin. But what about everyone else?