Would you invest in Malaysian stablecoin MYRC?
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 Apr 4 2024, 11:39 AM
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#21
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Junior Member
351 posts Joined: Dec 2006 From: Selangor  
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QUOTE(AmpBuster @ Apr 3 2024, 07:15 AM) there's no point "investing" in a stablecoin because the value is pegged to fiat Or bypass currency controlswhich means you will never gain any value from it crypto investors use stablecoin to hedge against crypto volatility  MYR tak laku outside our borders. Who will buy |
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Apr 4 2024, 12:00 PM
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#22
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Junior Member
304 posts Joined: Dec 2007
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i think the term is will you use, rather than invest.
as the local sentiment is not to hodl ringgit. -cheaper than p2p, cc and luno to convert your myr into other currency. -click into monthly attestation will reveal the auditor RM67k published in feb, wait for the march update. -there are utility for such token. This post has been edited by jett138: Apr 4 2024, 12:01 PM |
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Apr 4 2024, 12:03 PM
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#23
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Junior Member
499 posts Joined: Oct 2008 From: Perth, Western Australia
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QUOTE(Roadwarrior1337 @ Apr 3 2024, 06:15 AM) Pegged to myr Malaysia initiative Nothing good can come out of this Straight away think of low quality, high exposure scams |
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