3 ms·

Excuse my ignorance, but how do you achieve this? There needs to be some institution that is always ready to buy the coin for $1 a piece, and ready to sell coin

by toxik 5y ago

Excuse my ignorance, but how do you achieve this? There needs to be some institution that is always ready to buy the coin for $1 a piece, and ready to sell coin for $1 a piece.

jimbob21 5y ago
That's exactly why the Fed would be best for an actual perfect stable 1:1 USD to Token equivalent. They can print and delete money at a whim, it will always be worth 1 dollar.
- eropple 5y ago
  What does this do that a dollar doesn't?
  - deleted 5y ago
    [deleted]