mpazgalarzaNov 27, 2021 · 3 years ago5 answersIs it possible to use cryptocurrency as a stable store of value instead of relying on the US dollar or the Canadian dollar?
With the increasing popularity of cryptocurrencies, many people are wondering if they can be used as a stable store of value instead of relying on traditional fiat currencies like the US dollar or the Canadian dollar. Can cryptocurrencies provide the same level of stability and security as these established currencies? How can we ensure that the value of cryptocurrencies remains stable over time? Are there any risks or drawbacks to using cryptocurrencies as a store of value?
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