FirmDistribution@lemmy.world to Lemmy Shitpost@lemmy.world · 8 days agoWife changing moneylemmy.mlimagemessage-square92linkfedilinkarrow-up11.04Kfile-text
arrow-up11.04KimageWife changing moneylemmy.mlFirmDistribution@lemmy.world to Lemmy Shitpost@lemmy.world · 8 days agomessage-square92linkfedilinkfile-text
minus-squarebooly@sh.itjust.workslinkfedilinkarrow-up1·7 days ago the legitimate ones that are fully backed The other commenter was trying to use that chart to tell us that cryptocurrencies are somehow better than fiat currencies as a store of value, despite their wild swings in value in the most stable one that isn’t backed by fiat currency.
minus-squareprole@lemmy.blahaj.zonelinkfedilinkarrow-up1·2 days agoFully backed by the currency that they are pegged to? They are backed by stable currency. USDC for example
The other commenter was trying to use that chart to tell us that cryptocurrencies are somehow better than fiat currencies as a store of value, despite their wild swings in value in the most stable one that isn’t backed by fiat currency.
Fully backed by the currency that they are pegged to? They are backed by stable currency. USDC for example