Quote from: LFC_Bitcoin on February 06, 2018, 10:48:45 PM

Youre a Legendary member? Wheres the DeMerit button?

Seriously fucking terrible idea.

Hahah, I had a good laugh.

Seriously, good question mate.

Even thinking logically, knowing little about economics must think was a troll post?

Why USD and not another FIAT? Why arbitrarily $10,000? Why try and control something not meant to be controlled by nature of design?

Why not let free markets do their thing, (with slight regulation to keep fraudulent activity minimum), why tie it to anything like that when it's its own thing, ergo, it's correlated to USD volatility, but no direct link or causal relationship.

When tied to any FIAT, it will act with their volatility, ie. America goes to war with NK, what happens to their dollar?

Again, why 10k? Just why... so you can feel more confident and think this should be less volatile? IT'S VOLATILE BY DESIGN, trying to control this would be a silly waste of resources, as it's still, at the end of the day, a speculative asset, not a currency.