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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (1386)	2/22/2020 9:50:38 AM
From: Real Man	Read Replies (2) \| Respond to of 1504

I don’t think much of them. They just track the dollar and gold, and you are taking crypto risk on top. If you are in crypto these are convenient ways to own gold and dollar, both are a lot less volatile than bitcoin, the king of crypto. However, I don’t see the point owning these. There will be more tracking financial instruments in crypto, I am sure. These coins can adjust supply via smart contracts, so Asset-tracking stablecoins seem to be easy to set up. Fees for trading depend on the exchange but tend to be higher in crypto than in traditional finance. That argues against owning these, at least until such time that the fees come down.