I believe you are referencing PPC/ NuBits? UIAB(upon information and belief) Nubits is pegged/ tied to each one being worth $1
Jorge:
Regarding Ceo/BTC/ALTCOIN, I do think it is a little disturbing.
Re; Todd, although he has his 'viacoin' it does not seem to have much action with it lately. It seem's most of todd's time is spent involved with bitcoin nowadays. This seemed to be the opposite during the heyday of pump/dump penny crypto boiler rooms... and he was distancing himself from btc...
I think it is safe to say that there are significant and competing visions for bitcoin and that most parties involved in the space have alternative motives.
At the same time I think if you view bitcoin as a snowball, it's starting rolling down the mountain, gaining more and more mass and speed.
I have a nagging suspicion that the block size debate has been nothing but a big distraction; a red herring meant simply to delay and inhibit bitcoin growth as long as possible.
More importantly though, I think the overstock news is very 'dangerous.'
"New York City-based securities trading hedge fund Clique Fund on Tuesday borrowed $10 million in stock using the Bitcoin blockchain, reported Wired.
The hedge fund used Overstock.coms new, in-beta operation, TØ.com, to borrow shares in the 30 stocks that constitute the Dow Jones Industrial Average."
If you have read some of Byrne's comments regarding wall street, it looks like he is getting ready to eat their lunch. I think it would be interesting to see parties begin porting things like chaindb or t0.com to alternative blockchains, i.e. LTC / PPC or what have you. I think that is like the iceberg facing bitcoin.
It will be interesting to see how this all develops...