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One undesirable scenario that comes to mind is the Facebook et al consortium deciding to break the peg after achieving a large balance of credits. As near as I
by ac29 7y ago
One undesirable scenario that comes to mind is the Facebook et al consortium deciding to break the peg after achieving a large balance of credits. As near as I can tell, there is nothing stopping them from de-valuing the currency at a whim in the interest of reaping a short term profit.
Such things happen all the time with reward points/airline miles/etc.