You are viewing a single comment's thread from:

RE: Musing Posts

in #musing-threads7 years ago

No, not at all.

Can you tell me a name of any currency which price is stable?

If you're thinking that fiat currencies are stable in respect of price, such as 1$=1$ or 1£=1£ . Then the price of any cryptocurrency is stable, such as 1 steem = 1 steem or 1 btc = 1 btc .

The unstable price of a currency in respect of another currencies is one of the most important properties of currency systems, whether it's virtual or fiat (There exist some exceptions) .