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Author Topic: Stable coin for Every Currency  (Read 743 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (1 post by 1+ user deleted.)
hulla
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May 06, 2020, 03:33:34 PM
 #101

Is it possible that if cryptocurrency gets accepted all over the country, tether or any other stable coin will start creating stable coin for all the currency available in the world? I think they will go for that and create money out of thin air. What do you think? Will tether do that ever in the future once crypto goes more mainstream? Or govt themselves will create their own currency at the end?
PS- Self-moderated thread to prevent spam.
Tether or others statblecoin (like Gold stablecoin) in the market will only create stablecoin for all currency in the world if only they have an agreement with each country government just like the Angullia government and Temtum project did and i dont see that happening due to the government centralization, they will prefer to issue their national cryptocurrency by themselve.

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May 11, 2020, 06:54:18 PM
 #102

I think it's important to make a decision before taking any action. Because it is not just a privileged part of a few or a nation, but the entire nation is demanding it. Therefore, the key word of all decisions will be the happiness of the greatest amount of people.

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May 11, 2020, 07:18:42 PM
 #103

Why will tether help nations to creat their stable coins? Various nations should do that themselves and see to it that it doesn't become another problem for the economy because of political affiliation.
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May 11, 2020, 07:47:36 PM
 #104

It is no meaning if every country started having their stablecoin because it is just an alternative to a stable currency just like the name suggest. It does not depreciate or appreciate. It has a fixed price compare to other cryptocurrencies
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May 11, 2020, 09:01:09 PM
 #105

Every country will probably want to work towards a stable coin. At least to make people want to use a lot use it. I am not sure if Bitcoin will much be able to achieve it's goal of being a currency if this happens. People will just be using it as investment.

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May 11, 2020, 11:26:02 PM
 #106

Actually, I don't think any country will allow Tether or other stable coins as their national digital currency! If the government likes the crypto idea and if they want to imply it then I am sure all those governments will create their own crypto stable coins to keep the money inside the country!

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May 12, 2020, 01:37:12 AM
 #107

Is it possible that if cryptocurrency gets accepted all over the country, tether or any other stable coin will start creating stable coin for all the currency available in the world? I think they will go for that and create money out of thin air. What do you think? Will tether do that ever in the future once crypto goes more mainstream? Or govt themselves will create their own currency at the end?
PS- Self-moderated thread to prevent spam.
In my opinion to make stable coin for every currency needs hard effort.  Because it is really difficult to make it as their own digital money.  Bitcoin absolutely will occur in every part of the country but to exist as digital money of every country will need big changes.

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