How “Stable” are Stablecoins?
Stablecoins are called such because they are pegged to a fiat currency. If the peg is maintained, the stablecoin is as stable as the fiat currency, since it is always exchangeable with the fiat at a 1:1 ratio. But do you know what the keyword in that whole sentence is? “IF”. I believe what gives […]
3 Drivers of Asset Demand
Asset prices in a free market, like all other prices, is determined by demand and supply. Thus, understanding both the demand drivers and supply factors of a particular asset is important if you want to figure out if the price is going up or down in the time frame you are looking at.
Why there might be a Bull Run in 2023
Inflation and Recession. These are the two buzz words all over the market right now. Sentiment is broadly pessimistic. But is there still an upside? I believe there is.
The 7th Characteristic of Money – Stable Demand?
In traditional economics talk, money has … 6 characteristics …: Durability, Portability, Divisibility, Uniformity, Limited Supply and Acceptability … However, the … fact that crypto currencies like Bitcoin … are still not widely used for commerce has led me to believe the current economic model is incomplete.