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General Discussion / Re: bitSHARES - As True Shares and Not a Currency!
« on: February 12, 2016, 10:08:20 am »Making a bitUSD a special bitAsset is bad idea. It should not be different from any other asset pegged to fiat.
That's my only concern for me too... I like TonyK idea very much but we should not focus on bitUSD only...
What happens if real USD or Euro collapses?(it will....) We must focus on a basket of top bitAssets that includes the major assets (euro,dollars.pound etc...)
like the SDR for example...https://www.imf.org/external/np/fin/data/rms_sdrv.aspx and we should add bitBTC and bitETH (or whatever crypto are @ top of the CMC list)
... since I expect the FIAT money will loose value hardly the next months....
PS tonyk unites us again!