And which of your choice stable curency would that be, that Steem is going to get devalued against.
Til now it gained value against "stable" currencies..
1 Steem=£ 2.68
And looks like it will gain some more :) 1STEEM=3.52$ looks like 1 $ got a bit devalued against 1 STEEM and gets more devalued by minutes being converted to Steem power or SBD ;) dont forget about steem based dollars...
there is 90+ % in steem power so that STEEM doesnt volatile much... Whale might ocasionaly dive a bit :)
"Stable" currency can get also unstable against steem: natural disaster, domino efekt, Brexit... and other unpredictable & predictable economic complications :)
http://www.investopedia.com/articles/investing/090215/3-reasons-why-countries-devalue-their-currency.asp
https://en.wikipedia.org/wiki/Devaluation
https://en.wikipedia.org/wiki/Currency_appreciation_and_depreciation
https://en.wikipedia.org/wiki/Currency_appreciation_and_depreciation
https://en.wikipedia.org/wiki/Currency_appreciation_and_depreciation
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