Daniel G. Jennings
1 min readMar 25, 2019

--

I think all stablecoins are dangerous because they create a false sense of security. Note I think stablecoins are a great investment with a dangerous attribute. Many people will underestimate the risks because of the word stable and the pegging to fiat currencies.

PS you’re right some stablecoins will be worse than others. But all stablecoins can be dangerous.

--

--

Daniel G. Jennings
Daniel G. Jennings

Written by Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.

Responses (1)