removed by mod
fedilink
351

sure, except there are no stable coins, when, again, all of them can be crushed in a matter of seconds

Again no, stable coin is a term, but I see how it could be confused. It’s in reference to a token backed by some other store of value. So an agreement that x number of a cryptocurrency can be exchanged for x number of dollars/yuan/etc.

i am aware, yet i have yet to see a single one actually stay stable and not crash than again, im not a crypto gal and making sure i never will be

That’s fair while they do have statically more stability then the crypto they are pegged too they are still more volatile then USD. It would be interesting to see the reserve size to volatility ratio of different currencies to see how they compare.

Create a post

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

  • Posting a link to a website containing tracking isn’t great, if contents of the website are behind a paywall maybe copy them into the post
  • Don’t promote proprietary software
  • Try to keep things on topic
  • If you have a question, please try searching for previous discussions, maybe it has already been answered
  • Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
  • Be nice :)

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

  • 0 users online
  • 57 users / day
  • 383 users / week
  • 1.5K users / month
  • 5.7K users / 6 months
  • 1 subscriber
  • 2.44K Posts
  • 57.6K Comments
  • Modlog