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3232Stablecoins: Is Control the Answer to Crypto Volatility?
https://www.digit.info/stablecoins-is-control-the-answer-to-crypto-volatility/
Fri, 16 Mar 2018 20:19:07 +0000https://www.digit.info/2018/03/16/stablecoins-is-control-the-answer-to-crypto-volatility/Read more]]>Cryptocurrency is notorious for its volatility, but what if there were a way to remove this constant problem? While a cryptocurrency like Bitcoin is fungible, portable, durable, tradable, and valuable, it lacks a stable value. Mom and pop stores and large firms alike have been wary of accepting Bitcoin payments because price fluctuations aren’t a gamble they want to factor into running day to day business. Some say stablecoins are the solution for cryptocurrency volatility, while others are skeptical of claims of controlling the will of a market. Are stablecoins the key to a stable digital currency or just a short-term investment trend that’s likely to
Cryptocurrency is notorious for its volatility, but what if there were a way to remove this constant problem? While a cryptocurrency like Bitcoin is fungible, portable, durable, tradable, and valuable, it lacks a stable value. Mom and pop stores and large firms alike have been wary of accepting Bitcoin payments because price fluctuations aren’t a gamble they want to factor into running day to day business. Some say stablecoins are the solution for cryptocurrency volatility, while others are skeptical of claims of controlling the will of a market. Are stablecoins the key to a stable digital currency or just a short-term investment trend that’s likely to