a stable coin will lose value with the dollar but you know …
a stable coin will lose value with the dollar but you know that it won’t drop on price suddenly relative to the dollar
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I was aware of that. I was just wondering what "stable" even means in the context of a currency that is bleeding out like a hemophiliac.
Yes, seems to defeat the point of Bitcoin being a hedge against inflation. Im sceptical regarding stablecoins because Tether is such an obvious fraud.
stable refers to volatility, not value
Good point.