Stablecoins and the instability of the finances

3개월 전

STEEM BLOG.png

It is interesting how financial institutions are becoming concerned about stablecoins, but they know all their benefits, such as, for example, the efficiency in payments. Despite this, they still insist that stablecoins can bring problems of financial stability. However, no one has defined what such stability would be.

The problem is that by the basic definition of stability we realize how absurd this is. We can define stability as the absence of instability. When we move this to the financial area, we realize that this is not what we have with fiat currencies, as was the case with the 2008 global crisis and with the current problem due to the pandemic. Governments are printing a lot of money, and we know that they will not be able to reverse this scenario without create another crisis, which they do not want to happen.

Contrary to what many people believe, stablecoins can help people who do not have a bank account, to have the meanings of being exposed to the globalized market, in addition to being able to stay away from the central bank's misdeeds, thus ensuring that the value of their work remains protected.

Mainstream market institutions have not yet understood that current technology is the future, whether they want it or not.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Parabéns, seu post foi selecionado pelo projeto Brazilian Power, cuja meta é incentivar a criação de mais conteúdo de qualidade, conectando a comunidade brasileira e melhorando as recompensas, obrigado!

footer-comentarios-2.jpg

Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 16 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.

I upvoted your contribution because to my mind your post is at least 1 SBD worth and should receive 14 votes. It's now up to the lovely Steemit community to make this come true.

I am TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!

Have a nice day and sincerely yours,
trufflepig
TrufflePig