> Not only does this insulate all parties from any market instability (as the value of 1 USD is always 1 USD) The value of 1 USD is always the value people are

> Not only does this insulate all parties from any market instability (as the value of 1 USD is always 1 USD) The value of 1 USD is always the value people are willing to trade for 1 USD at a given moment, being just a worthless piece of paper otherwise, though because of trust in the US government, the system mostly works. However, there's a reason for why countries prefer gold reserves over fiat reserves, as gold can't be printed. Gold is an example of a real-world offline distributed currency that has been in circulation since the dawn of men. It doesn't have much value either, other than being shiny and a good semiconductor, yet it's still relevant because it's not a currency that a central banking system, like the Fed, can control. I don't know much about BTC or Stellar or how they work, but it has been my hope that we'll suffer some enlightenment in this century and stop dynamiting and poisoning mountains in the search of gold and thus destroying real value in the process. And I've been hoping that BTC is it. So if Stellar is not an alternative currency, it's not really interesting.