Post
Topic
Board Altcoin Discussion
Re: XOV: creating a central bank for cryptocurrency markets
by
Jordanuttos
on 31/03/2018, 09:14:47 UTC
A "central bank" for decentralized crypocurrency? This makes the joke of the day.  Grin

In order for cryptocurrency to be fully utilized, there will have to be stable prices. With a bank model, you will be able to create accounts (masternodes) that will gain interest, so you're able to SPEND your money for goods and services that people will accept. Not just all based on speculation, but based on real value. XOV is seeking to centralize this volatile world in order for all of us to have a currency we can trust.

Stable prices is very bad for cryptocurrencies because volatility of that is not bad as many people thinks, it makes own style for traders and investors