Is Samecoin a secure platform

1. What makes Samecoin a secure platform? samecoin.com

2. One of the biggest problems that cryptocurrencies face is volatility, which is the tendency for prices to in different directions - up or down. In the past, the most common way to solve this was to hold cash reserves to back up the stablecoin. But printing more money has devalued the existing supply due to inadequate reserves. samecoin.com

3. The Samecoin protocol is decentralized, diversified, and trustless. Built on a decentralized framework, its stablecoins, SameUSD and SameEUR are intended to be used as stable stores of value that aret immune to market volatility. Most stablecoins, such as Tether, are backed by national currencies, but very few of them use cryptocurrencies as their reserves. Samecoin falls in the later category. It is a proof-of-stake cryptocurrency with a fixed supply of 100 million and pegged to the US dollar. samecoin.com

4. People are skeptical about this new form of money that can fluctuate wildly in value. As such, people are looking for ways to hedge their portfolios against price movements. Hence, more people are looking to diversify their portfolios into stablecoins. Stablecoins are pegged to the US dollar or other traditional currencies. This means a stablecoin will not fluctuate wildly in price like most cryptocurrencies. The goal of stablecoins is to make cryptocurrencies more attractive to investors. samecoin.com

5. The SameUSD solution A lot of people are looking to get in on the cryptocurrency bubble. However, some of them are put off by the price fluctuations of Bitcoin and other cryptocurrencies. The price of Bitcoin has always been volatile, but it also has always been true to its value. And one of the more interesting projects in the space is trying to solve just that. samecoin.com

6. As the value of the US dollar eroded over time, people have considered cryptocurrencies and stablecoins as two of the more popular choices, with the latter holding the potential to become the global currency of the internet. SameUSD is a stablecoin, and it is backed by the US dollar. It is also in direct competition with other stablecoins like Tether and Gemini Dollar and is based on the same technology as Tether. All of these facts make it one of the most exciting cryptocurrencies to watch in 2021. samecoin.com

7. Interrelation of the Stablecoins Economy Stablecoins are one of the most important and discussed topics in the cryptocurrency community. This category of coins are taking over the market and are being used by an increasing number of individuals, companies, and institutions. While Bitcoin and Ethereum dominate the cryptocurrency market with a market capitalization of over $1 trillion and $333 billion, respectively, there are various other stablecoins that have a market cap of more than $1 billion. samecoin.com

8. Stablecoins value stability and are not subject to high volatility. The bulk of these coins are centralized, which makes them trustless and even more secure, though they are vulnerable to manipulation. Seasoned crypto investors have fallen victim to these volatilities. samecoin.com

9. Final thoughts Many people in the cryptocurrency community agree that cryptocurrencies will always be a volatile asset class, no matter how many different functions they offer. Samecoin could probably be the solution to volatility through its decentralized framework and stablecoins, SameUSD and SameEUR intended to be used as stable stores of value that aret immune to market volatility. samecoin.com

10. Join An Ecosystem. A Real One. samecoin.com facebook.com/SamecoinCom twitter.com/SamecoinCom t.me/Samecoin samecoin.com