Bitcoin's successor? More consistent values might make 'stablecoins' a safer cryptocurrency option

Greig Paul

Bitcoin's successor? More consistent values might make 'stablecoins' a safer cryptocurrency option

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Abstract

Bitcoin has plunged from a high of almost US$20,000 in December 2017 to as low as US$3,675. So it’s understandable that some cryptocurrency users might be looking for more stability. With the future of Bitcoin and other cryptocurrencies uncertain, a possible new solution known as “stablecoins” has emerged. This cryptocurrency aims to hold its value better than others, which could offer investors more stability.

Original language	English
Number of pages	3
Specialist publication	The Conversation
Publication status	Published - 6 Dec 2018

Keywords

Bitcoin
cryptocurrency
stablecoins

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Paul-TheConverstaion-2018-More-consistent-values-might-make-stablecoins-a-safer-cryptocurrency-optionFinal published version, 460 KBLicence: CC BY-ND 4.0

https://theconversation.com/bitcoins-successor-more-consistent-values-might-make-stablecoins-a-safer-cryptocurrency-option-107372

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Paul, G. (2018). Bitcoin's successor? More consistent values might make 'stablecoins' a safer cryptocurrency option. The Conversation.

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