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You can't go from "not yet invented" to "stable, widely accepted decentralized currency" overnight. There will be intermediate steps. Pegging to USD amounts is
by dwaltrip 13y ago
You can't go from "not yet invented" to "stable, widely accepted decentralized currency" overnight. There will be intermediate steps. Pegging to USD amounts is an extremely sensible intermediate step. And honestly, bitcoin's success doesn't even depend on people pricing things in it.