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The definition of sound money is that it's backed by a tangible asset. Cryptocurrencies do not meet this definition apart from stable coins which then don't mee
by robjan 6y ago
The definition of sound money is that it's backed by a tangible asset. Cryptocurrencies do not meet this definition apart from stable coins which then don't meet your definition of "can't be manipulated".
- everfree 6y agoStable coins are not really tangible assets either, because they are backed (usually) by USD, which is in turn itself not backed by tangible assets.