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RE: Chart Of The Day: How Unstable Stablecoins Can Be?

in #steem5 years ago

That's one of my favourite pastimes in crypto. Making fun of the purpose and the stableness of stablecoins!

Coincidentally, I think SBD is one of the best stable coins around because it can adjust itself rather well.
We are punching above our weight here.

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14 USD for 1 SBD? That wasn't really stable. In first line as it fell back

My argument isn't about volatility. It's a stablecoin. Ofcourse it goes nuts ;)
I'm arguing that SBD has an easy and obvious mechanism to stabilize itself with time.

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