it would mean that all bread in the world would have the same exact price and that we all fall into a global communist society ;-)
It doesn’t need to be always be strictly $1.00, just much much lower volatility than Bitcoin today. That would already be very useful. 0.97-1.03 band movements would be acceptable.
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! So you want a coin which is stable against USD, one of the less stable currency of the 20th century? Tell me again why you want to invest in crypto currencies?
Why not buying $USDT then?pic.twitter.com/aSpvXitFD6
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The plan is to peg it to USD for the first 5-7 years because it is cognitively convenient for bootstrapping stability initially, then transition fo Global CPI index afterwards. I take it your didnt read the Basecoin whitepaper there will be stable Basecoin and volatile Baseshare
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I do not need to read the white paper to understand that it is nothing else than a scam or the idea of crazy people. Reminds me on which currency is defined the global CPI index already
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You can’t be reasoned with. You think you know everything. You are wasting my time. Blocked!
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Are you blocking everyone you loosing an argument with? Grow up!
End of conversation
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