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> Crypto increases both. Not _exactly_. This is kind of the whole point of Stellar, and why IBM invested in creating World Wire. Crypto can make this problem e
by ThatGeoGuy 7y ago
> Crypto increases both.
Not _exactly_. This is kind of the whole point of Stellar, and why IBM invested in creating World Wire. Crypto can make this problem easier, especially if you're looking at it internationally rather than in day-to-day transactions. I also think for auditability there is an advantage here, which can't be brushed away. Tracing down international currencies can be very hard.
That said, what the article is describing is definitely not this, but seems to predict (at least based on the text) something more akin to a stablecoin that corresponds to a given fiat currency. So yeah, in that case, you'd probably be correct, but I don't think we can generalize that to every type of cryptocurrency.