0/ What if the answer to the price stability problem isn't stablecoins, but rather the ability to seamlessly trade value that's stored in productive assets (e.g. real estate, stocks) on demand for the good you want to purchase? (credit @TusharJain_ for coming up with this idea)
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Replying to @KyleSamani @TusharJain_
The seamless trading part is going to be really, really hard. But it’s an interesting idea. In a world where everything is tokenized and many assets have a clear (nonspeculative) value, the right tech could make this possible. But by the time that happens bitcoin could be stable
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Bitcoin will never be stable like the US dollar merely from the fact that it’s priced in USD. Even Gold is not stable in comparison to USD. Fiat backed stable coins could be one answer
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Replying to @MattSlater @Disruptepreneur and
How short sighted of you to presume that Bitcoin will be priced in USD for the rest of time
5:17 PM - 21 May 2018
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