|From: apmoore (Rep: 47) reply to Titanium||Date: 01/30/2020 14:07|
|Forum: Bitcoin Investment Trust - Msg #439||Thread #674120053 (Rec: 0) |
|Re: Like stable stocks|
well, yes its similar. However, you cant buy anything with a stock; you have to liquidate it first, unlike stablecoin. Stable coin actually benefits the cryptocurrency industry, while bitcoin/alt coin actually aids the fiat currency system. Bitcoin/Alt coin, because of their volatility, causes people to convert it to fiat paper money. Stablecoin encourages holding onto cryptocurrency.
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