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Are all cryptocurrencies still considered a gamble to invest in? (lemmy.ml)

submitted 3 years ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 years ago

The US dollar is experiencing inflation right now, so that is to be expected. However, it is nowhere near even a severe devaluation, just a slightly elevated rate that is likely to taper off in the year or two. Stablecoins have numerous safeguards to keep them near the US dollar, so they should really only collapse if the US dollar collapses. That is unlikely to happen any time soon.