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Posts: 154
In response to
"
Okay, so isn't it designed to be a highly volatile security? -- nm
"
by
mara
design? probably not, but the speculation that has become an inherent part of the crypto markets makes it so
Posted by
decline (aka Decline)
Sep 13 '21, 12:51
anytime you have an unbacked security that purely relies on market movements to determine its value you're going to see high volatility.
Responses:
But it's unbacked by design, I assume. It offers no returns (coupons, dividends, interest, etc) by design. -- nm
-
mara
Sep 13, 13:08
1
true, but now we're moving into the theories behind the original design of blockchain - which is a bit tough since we still don't know who developed
-
decline
Sep 13, 13:19
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