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RE: Daily Crypto Markets Live Blog: Let Us Discuss Stablecoins (09/14/21)

in LeoFinance3 years ago

Given the nature of fiat currencies, USD reigns supreme among them, even more so than GBP, EUR, and CHF. One day it's value will reach its intrinsic value (zero), but all others will fall first. USD will be Last Man Standing, so to speak.

Extreme volatility of cryptocurrencies is the major stumbling block for acceptance by the public. Then again, that's because they are being measured against fiat currencies. Without fiat currencies, 1 BTC equals 1 BTC, 1 DOGE equals 1 DOGE, and 1 HIVE equals 1 HIVE.

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