Fiat currencies are constantly depreciating, most prominent being CNY or USD on this exchange. Gold has been used as a store of value for hundreds+ years. It is almost always better to store your fiat in gold than fiat itself, since gold has shown that it doesn't lose its purchasing power.

Famous quote: "Gold will store its value, and you'll always be able to buy more food with your gold."

We need to boost the Bit.GOLD market volume and liquidity, it actually almost never makes sense to store in fiat bitassets (unless gold is in a massive bubble). This is very important for traders who need liquidity in a bear market.

Thoughts?

I don't think the OP means this @abit, I think they're talking about the price of BTS/CNY or BTS/USD over longer periods of time. Don't think daily fixed exchange rate will fix the longer period of time issue

@Customminer yeah the idea could work if the committee is up for it, these problems aren't that big in a bear market they matter more in a bull market

The pegging thing can be solved with a program all committee members run that adjusts the fees daily to peg to USD/CNY. Obviously there's hassle in running that program and key safety is a concern as well

是的，有机器人这样做

Can you also please explain how the ethereum situation applies to Bitshares? As I currently understand it, as long as BTS has utility it has value

谁干的?

I think he means BTS/CNY, because he mentioned "BTS price" which means hes talking about the BTS price relative to another asset