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The project is brand-new, what do you expect? In any case, the end-game is to use MOB for the transaction and instantly convert to fiat, so volatility would not
by wjntzf 6y ago
The project is brand-new, what do you expect? In any case, the end-game is to use MOB for the transaction and instantly convert to fiat, so volatility would not be of concern to the end-user
- Jommi 6y ago" the end game is to make the user buy a house, sell the house to the other user, and make that user sell the house into fiat, it's that simple!"
- qqii 6y agoHow would that be any more private as every transaction can be deduced by the on/off ramp.
- runeks 6y agoExactly. Inside MobileCoin, transaction amounts are disguised. But if every MobileCoin transaction is preceded and succeeded by conversion into national currency at a centralized exchange (to whom you are not anonymous) then using MobileCoin becomes completely pointless.
- fX0rObfoMN4 6y agoWhy wouldn't they design it as a stable coin?