WHICH OF THESE STABLECOINS WILL MOST LIKELY BE THE FUTURE OF CRYPTO PAYMENTS?

[CP_Processor]

Our recent poll showed that majority of you believes that the future of crypto payments lies in stablecoins. But which one will be the “winner”? Which one do you trust the most?  



We would love to hear your opinion on this matter, so leave your comment below, or simply vote!
https://twitter.com/CP_Processor/status/994902629665910784

For further read visit https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e

[StarKay]

The only relatively stable coin I know is USDT, is there any reason for calling the listed coins stable?
For me Crypocurrencies and stability doesn't go together.

[CP_Processor]

The only relatively stable coin I know is USDT, is there any reason for calling the listed coins stable?
For me Crypocurrencies and stability doesn't go together.

The above is the list of DECENTRALIZED Stablecoins, which USDT is not, as you all know  

For further explanation, please read
https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5
https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e
https://medium.com/cp-processor/stablecoins-theories-and-comparation-29f00d8df37

[hermanjones18]

I prefer Havven more. It is a decentralized system. There are many advantages available in haven. So. I will choose Havven.

[tomwell]

bitcoin is the most trustworthy and awesome. most of their people look for bitcoin because it is most trustworthy and favorite to people. people are connectebitcoin is the most trustworthy and awesome. most of their people look for bitcoin because it is most trustworthy and favorite to people. people are connected emotionally with it 

[CP_Processor]

I prefer Havven more. It is a decentralized system. There are many advantages available in haven. So. I will choose Havven.

Yes, the most interesting thing about Havven project is that it will mint its stable tokens exclusively with the supply and collateral of its own token that builds value based on the transaction fees

[CP_Processor]

bitcoin is the most trustworthy and awesome. most of their people look for bitcoin because it is most trustworthy and favorite to people. people are connectebitcoin is the most trustworthy and awesome. most of their people look for bitcoin because it is most trustworthy and favorite to people. people are connected emotionally with it 

One of the main problems with Bitcoin for ordinary users is that, while the network may be a great way of sending payments, with lower transaction costs, much more expansive global reach, and a very high level of censorship resistance, Bitcoin as the currency is a very volatile means of storing value. This volatility results from its built-in quantity commitment: because the number of Bitcoins in existence stays on a programmed path, variations in the real demand to hold Bitcoin must be accommodated entirely by variations in its unit value. When demand goes up, there is no quantity increase to dampen the rise in price; and vice-versa for a fall in demand. So, the currency has an established reputation for extreme volatility and Bitcoin holders can lose their wealth and quite often the price moves up or down by as much as 10–20% in a single day.

[Red-Apple]

what are you talking about? there is not even a single vote on that poll, how can it have any results?!!!

in any case why do you even think a centralized stablecoin can be the future of payments? people don't come to cryptocurrencies to have a stable price. they come to them to benefit from the decentralization and then if there were stability, it would be icing on the cake.

all the coins you named here are centralized. some of them are less centralized i'll give you that but they are still centralized. the articles you posted above are more like the "ideal" coins that we wish to have not the coins that exist.
not to mention that they are not even stable!!! for instance HAV is currently worth $0.54 not the promised $1

[CP_Processor]

what are you talking about? there is not even a single vote on that poll, how can it have any results?!!!

in any case why do you even think a centralized stablecoin can be the future of payments? people don't come to cryptocurrencies to have a stable price. they come to them to benefit from the decentralization and then if there were stability, it would be icing on the cake.

all the coins you named here are centralized. some of them are less centralized i'll give you that but they are still centralized. the articles you posted above are more like the "ideal" coins that we wish to have not the coins that exist.
not to mention that they are not even stable!!! for instance HAV is currently worth $0.54 not the promised $1

The screenshot of the poll was taken at the moment it was posted on Twitter. You can visit it now, and see how many votes there is... https://twitter.com/CP_Processor/status/994902629665910784
Also, the question is - which of these stablecoins will most likely be the FUTURE OF CRYPTO PAYMENTS Some of these coins exist right now, and some will soon be released. They should be ideal, but as you mentioned, some already failed to do that, for example HAV. But, you cannot deny that building stablecoins is necessary if we want to utilize cryptocurrency for payments.

[cvan]

Havven is the best one out of the whole group. Dual token system, decentralized, and reliable. Also the team is great along with their communication. Over 68k in the telegram too. https://t.me/havven_official1

[dhemasm]

How about doge? the price its stable on 50-70 satoshi hahaha. Just kidding, I think eth its stable and can be the future payments. Why? Because low fee + fast transactions. Just my opinion, Sorry for my bad english and thanks!

[vicvicto17]

If you want a stable coin then pick Nem(XEM) Waves. XRP- Litecoin or even ADA or XLM. If you rely on faster transaction with their smart contracts then you can choose XRP, XLM or Xem in terms of payments.

[Fatunad]

what are you talking about? there is not even a single vote on that poll, how can it have any results?!!!

in any case why do you even think a centralized stablecoin can be the future of payments? people don't come to cryptocurrencies to have a stable price. they come to them to benefit from the decentralization and then if there were stability, it would be icing on the cake.

all the coins you named here are centralized. some of them are less centralized i'll give you that but they are still centralized. the articles you posted above are more like the "ideal" coins that we wish to have not the coins that exist.
not to mention that they are not even stable!!! for instance HAV is currently worth $0.54 not the promised $1

That was i supposed to say and i dont know why he would pushed about that stability into those coins yet even centralized coins in the market do have movable prices. Does he really know whats the definition on the word "stable" ? Seems like he lacks out with some dictionary and also that Poll what a shame and doesnt any have a single vote. lol

[CP_Processor]

and also that Poll what a shame and doesnt any have a single vote. lol

Can you open https://twitter.com/CP_Processor/status/994902629665910784 ?
If you can you will see a votes.

[CP_Processor]

For me Crypocurrencies and stability doesn't go together.

For us Cryptocurrencies and investments doesn't go together.
Bitcoin wasn’t invented for investors, it was invented for the utility of digital money!
Ethereum wasn’t invented for investors, it was invented for the utility of the decentralized application platform!

[CP_Processor]

The only relatively stable coin I know is USDT, is there any reason for calling the listed coins stable?

Show us the money USDT ?!
Please take a look LOL https://medium.com/cp-processor/do-you-still-believe-in-tether-db981d48ac96

Can we have the full decentralization that a cryptographic payment network offers,
but at the same time have a higher level of price stability,
without such extreme upward and downward swings?
YES, we can and we will!

[CP_Processor]

what are you talking about? there is not even a single vote on that poll, how can it have any results?!!!

Can you open https://twitter.com/CP_Processor/status/994902629665910784 ?
If you can, you will see the votes.

[CP_Processor]

in any case why do you even think a centralized stablecoin can be the future of payments? people don't come to cryptocurrencies to have a stable price. they come to them to benefit from the decentralization and then if there were stability, it would be icing on the cake.

Bitcoin wasn’t invented for investors, it was invented for the utility of digital money!
Ethereum wasn’t invented for investors, it was invented for the utility of the decentralized application platform!

Please read all about stablecoins to get more info about this topic:
https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5
https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e
https://medium.com/cp-processor/stablecoins-theories-and-comparation-29f00d8df37

[CP_Processor]

How about doge? the price its stable on 50-70 satoshi hahaha. Just kidding, I think eth its stable and can be the future payments. Why? Because low fee + fast transactions. Just my opinion, Sorry for my bad english and thanks!

Show us just one company in the world that has Bitcoin and believes that there are no risks about its value,
and therefore uses it as a method of payment and settlement of liabilities.
And not to mention investment funds that treat Bitcoin and Ethereum in their portfolio only as an investment asset
and conduct the same actions as for the other investment assets (risk assessment, Buy and Sell decisions…).

[kryptqnick]

You're right people cryptos weren't meant to be valued for their volatility and yet that's the case anyway, so I am not sure people are ready to value stable coins more than unstable. It might be the case in the future if cryptos get massively adopted and can really become the means of payment, then stability will be an important matter for economy.
As for the article on coins, dai and usdt are backed up, so their stability is not due to some unique tech and can eventually be compromised. Basis looks interesting, but I don't understand how the supply can be decreased in case there's lack of demand for it if, say, people already possess too much of coins. What, the money will be just disappearing from their wallets for the sake of stability? Or there will always be a huge amount of money kind of reserved for being available or not available?