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Yeah projects like this that take into account more solid macroeconomic principles like Milton Friedman's k-percent rule ( https://en.wikipedia.org/wiki/Friedma
by BenoitEssiambre 2y ago
Yeah projects like this that take into account more solid macroeconomic principles like Milton Friedman's k-percent rule ( https://en.wikipedia.org/wiki/Friedman%27s_k-percent_rule https://en.wikipedia.org/wiki/Friedman%27s_k-percent_rule ) are the only ones that deserve to be called crypto "currencies". Too bad they gave up. The appeal of turning it into a get rich quick scheme for early adopters is just too difficult to resist. The fact that no similar project is popular means that few people care for crypto to be used as a functional currency.
- wmf 2y agoIt's really hard for any true cryptocurrency to compete with stablecoins.