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Topic	The crypto bubble popped
DarkRoast 05/14/22 1:55:56 PM #303:	SHRlKE posted... I don't know much about stable coins. Can you elaborate? The tldr is that they are supposed to have hedge-like stability instead of the typical volatility you see. There are multiple different models, but the most logically consistent model is one that's backed by an actual currency. It's obviously more complicated than that, involving being currencies being "pegged" to dollar values, etc. --- Lenovo Legion 7 - Ryzen 5900HX, RTX 3080 16 GB (165W), 32 GB DDR4-3200 By Grabthar's hammer............... What a laptop. <cite>DarkRoast posted [p:965032254] in The crypto... [t:80017337]...</cite> <quote>SHRlKE posted... </cite> <quote>I don't know much about stable coins. Can you elaborate?</quote> The tldr is that they are supposed to have hedge-like stability instead of the typical volatility you see. There are multiple different models, but the most logically consistent model is one that's backed by an actual currency. It's obviously more complicated than that, involving being currencies being "pegged" to dollar values, etc. --- Lenovo Legion 7 - Ryzen 5900HX, RTX 3080 16 GB (165W), 32 GB DDR4-3200 By Grabthar's hammer............... What a laptop.</quote> ... Copied to Clipboard!
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