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Introduction To Stablecoin

Introduction To Stablecoin


This design feature makes Bitcoin a great candidate for serving as a long term store-of-value, but not so much as a day-to-day means-of-exchange.

Overview

Description
When Satoshi Nakamoto published the Bitcoin whitepaper, he believed that Bitcoin would become electronic cash, but this hasn’t happened for a number of reasons. One reason is because Bitcoin has an inelastic money supply which causes price inflation or deflation in response to changes in demand. This design feature makes Bitcoin a great candidate for serving as a long term store-of-value, but not so much as a day-to-day means-of-exchange. Stablecoins build off of the foundation Bitcoin created but go a step further by solving the problem of price volatility. And by doing so, stablecoins have become a critical infrastructure layer for the decentralized economy. In the next few videos we’re going to what they are, why we need them, and the different approaches to achieve price stability.

Basic knowledge
Basic Understanding of Cryptocurrency
Anyone who is interested in Investing in Cryptocurrency

Course Information

Basic Understanding of Cryptocurrency
Anyone who is interested in Investing in Cryptocurrency

What will you learn
Understand what is Stablecoin
Stablecoin Ecosystem
Difference between Bitcoin & Stablecoin
Advantages & Disadvantages
Importance of Price Stable

ANYONE interested in learning about Cryptocurrency!
ANYONE interested in investing in Bitcoin and other Cryptocurrencies!

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