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RE: Do you know what a stable currency is? Come on, I'll tell you! by Karupanociten

Greetings my dear friend Piotr, ¡grateful that you take a tour of my blog!

Hopefully you still will read this comment :)

ja ja ja, ¡don't worry about that!, I highly value the comments you make to my posts, so I not only read them completely, but I also reply to each one of them.

seeing how crypto goes from being worth $ 0.00001 to $ 10 in a month is something very appetizing

This example I put it because basically, it is what many of the blockchain's world think, that it is only speculative values, of a "bubble" that must be exploited before it explodes.

But I share your opinion, as I get to know more about this cryptographic world, the more coincidences I find with the real world, the investments that offer such high-profit margins are often not solid projects, but a mere speculative game (like the currency of the puppy ;) ).

On the other hand, I also question a lot of the guarantees offered by some of the promoters of some "stablecoins", this is not good for the system, because as you say, it is very similar to the practices of some banks that I wish better not to comment. Hence, many of these projects systematically reject the realization of any serious audit, thus sending negative signals to investors who trust in said project.

Over time we will likely see blockchain projects dedicated solely and exclusively to conducting audits, fraud detection, and project certification, it would be a great step!

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