Post
Topic
Board Economics
Re: A less volatile cryptocurency, what would it take to regulate its own market?
by
Adrian-x
on 16/04/2013, 14:08:57 UTC
As any new currency becomes more utilized would it not increase in value? How do you suggest dealing with this issue?

In a free market where the practical value as a medium of exchange is set by the protocol and the supply is fixed the only variable is demand, so the price is a reflection of demand.

You can stay with the central bank model if you want to sacrifice savings for price stability.