1
General Discussion / Re: When to expect the bitUSD revival?
« on: December 08, 2018, 11:55:02 am »
Smartcoins are an inherently a risky asset since they are backed by cryptocurrencies which tend to be extremely volatile compared to the currency of the smartcoin. This is not like a bank which has assets which correlate much more strongly with its liabilities. As such, you should be aware that smartcoins are very risky derivatives, which you should use with caution. I'm sorry for your loss, since I think it is unlikely you will get your bitusd 1-1 with a dollar.