Post
Topic
Board Altcoin Discussion
Re: Bitcoin 2.0
by
Alonzo Ewing
on 12/04/2013, 01:05:38 UTC
It seems pretty obvious we need a new coin with a fixed conversion rate that can only be traded between individuals & businesses. How else can we stop hackers, governments or wall street from f**king everything up?

Fixed conversion rate means that the new coin would be defined as X amount of dollars.  As the Fed inflates the value of the dollar, so too would it inflate the value of the new coin.