Absolutely agree, and Ethereum is a great platform for building those stable currencies. Check out Stabl and Maker for two orgs trying to make this happen. But

Absolutely agree, and Ethereum is a great platform for building those stable currencies. Check out Stabl and Maker for two orgs trying to make this happen. But its also trivial to issue fiat-backed tokens on Ethereum (at least from a technical PoV). See Digix who is doing this with Gold.