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RE: Must read! Blockchain Predictions, 18 of them from ConsenSys

in #bitcoin6 years ago

@liotap 18-Stablecoins are coming.

I think this point is very interesting and it is not very discussed. Stablecoins are necessary for a good development of an economy based on cryptocurrencies, we can not expect a seller to want to receive a volatile asset, he can lose money and not be able to replenish his inventory. We also need a refuge of value, lately there has been much controversy with the back of USDT and new alternatives have emerged such as TUSD, we also have to see how influential will be cryptocurrencies backed by natural resources.

We have to find an adequate audit process for these coins that are going to emerge, trying to make them as less centralized as possible, I think it will be very complicated. I hope that this year will advance a lot with respect to these currencies and that they can generate real confidence.

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@alejandromata. I would recommend Laura Shin podcast episode on this matter. Really interesting. I would recommend anyone who wants to look into this further, starting with how stable coins can be managed and why they matter.
https://player.fm/series/unchained-big-ideas-from-the-worlds-of-blockchain-and-cryptocurrency-1822984/why-its-so-hard-to-keep-stablecoins-stable

Thanks for the podcast, I will listen it in a moment. I hope i can learn a few more things about stable coins

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