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RE: How SBD could replace BTC: an Unconventional yet Possible Scenario

in #steemit6 years ago
"SBD intended to be a stable currency and fiat replacement"

A stable currency, whether fiat or crypo, is the equivalent of looking for a unicorn or a perpetual motion machine. It is a myth! Even the Swiss national bank could not keep the CHF pegged to the euro.

All assets have to find their valuation on the open market, not be predetermined by some central entity.

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One word: bitUSD

Those were three words actually! :P

well.... that's my point exactly, isn't it? :-)

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