Did you know about this before your previous tweets? Or is this from research post tweet?
Basecoin is an interesting StableCoin approach, using the cash + bond with varying interest rates approach, being implemented by a venture-backed company: http://www.getbasecoin.com/
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I did not know about BaseCoin, it's quite recent.
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Good to know, sorry to be blunt. I’m sure that you can see where im coming from, given the current crypto landscape.
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Rapidly changing, exciting, full of peril and promise, scammers and savants? :)
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I guess we like to party :)
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Only works if the demand keeps generally increasing. When it doesn't you have a runaway effect where the interest rate blows up and the future money creation ends up depreciating prices more than the bond purchase.
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Arthur, excuse the question! Are you still planning to launch in February?
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