What's an example of a "stablecoin"? Every cryptocurrency I've seen is just a speculative bubble in one way or another with highly volatile valuations.
(also doge has uncapped inflation so it's not likely going to retain any crazy values)
edit: apparently a "stablecoin" is a cryptocurrency that has some kind of underlying asset that backs them, and they've historically been anything but stable. It requires some kind of centralized authority to ensure backing, and those organizations usually get destroyed by regulators and it leads to having a worthless cryptocurrency overnight.
Dai and tether are probably the best known stablecoins. I think we've come a long way from stablecoins collapsing left and right, considering Tether is minting millions per week usually.
What's an example of a "stablecoin"? Every cryptocurrency I've seen is just a speculative bubble in one way or another with highly volatile valuations.
(also doge has uncapped inflation so it's not likely going to retain any crazy values)
edit: apparently a "stablecoin" is a cryptocurrency that has some kind of underlying asset that backs them, and they've historically been anything but stable. It requires some kind of centralized authority to ensure backing, and those organizations usually get destroyed by regulators and it leads to having a worthless cryptocurrency overnight.
Dai and tether are probably the best known stablecoins. I think we've come a long way from stablecoins collapsing left and right, considering Tether is minting millions per week usually.