Post #1829453
2026-04-25 14:03 UTC
> the legitimate ones that are fully backed

The other commenter was trying to use that chart to tell us that cryptocurrencies are somehow better than fiat currencies as a store of value, despite their wild swings in value in the most stable one that isn't backed by fiat currency.
Replies (1)
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@prole@lemmy.blahaj.zone 2026-04-30 12:39
Fully backed by the currency that they are pegged to? They *are* backed by stable currency. USDC for example