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Oh come on, neither a basket of commodities nor a basket of currencies are original ideas. During the security token craze of 2017/2018 many similar ideas were
by paulsutter 7y ago
Oh come on, neither a basket of commodities nor a basket of currencies are original ideas. During the security token craze of 2017/2018 many similar ideas were proposed and we don’t see those folks whining about Libra.
One example was a local currency based on a basket of goods such as real estate so that employers could pay a salary that adjusted as rents and other costs changed locally. Hundreds of these ideas were discussed freely in telegram groups.
The article is just outrage porn.
- blhack 7y agoHey that’s actually a great idea.