Thank you. We have a deeper analysis to follow-up on this, related to issuing/managing private moment through these fiscal & monetary policy concepts, including management of pegs.
Great paper "Economics of #ICOs", the first place I've seen the metaphor of token features as "fiscal policy" (ie non-money supply effects on token demand), and token supply as "monetary policy". By @philgomes & @avtarsehra http://www.allenovery.com/SiteCollectionDocuments/ICO-Article-Nivaura-20170822-0951%20%20-%20Final%20Draft.pdf …
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Would love to see a draft, I'm interested in attempts to peg token prices
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Sure will share once we have first working draft in shape. Any feedback would be appreciated. Edit: We highlight challenge in pegs, at best peg to range. This requires constant monitoring/control of “monetary” & “fiscal” factors, & would be difficult without trusted oracles.
End of conversation
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Still like this article! ;)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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