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RE: Is it possible to create a stable-coin without any fiat backing it?

in #cryptocurrency • 7 years ago

My guess is, the only way it would really work is if all the exchanges agree. As soon as one decides to change the price and try to manipulate the market, then the game is off. How likely is that to happen?

7 years ago in #cryptocurrency by
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     7 years ago (edited) 

    How likely is that to happen?

    100 in 100 chances, maybe?...lol

    Peace.