Quote from: WillyZ on August 17, 2018, 08:59:40 AM

Quote from: steplaza on August 17, 2018, 08:46:35 AM

doesnt this go against some of the principles of cryptocurrencies? Wouldnt this affect decentralization? I think it's quite complicated to implement and preserve those key crypto aspects

This!

I mean it would be a nice idea to boost some trust with real assets backing crypto, but USD isn't backed with anything and it still is used and trusted. The trust will come with time and when more and more people and companies accept it as a method of changing value, then the trust comes naturally.
I don't think we should be looking to start backing every crypto with something. I have faith in crypto and I don't think it needs to be backed to be powerful!

I can agree with you guys on this. Was just thinking about the subject and if we do need to back crypto and if it would be good, or bad, and if, then with what. Discussing these things through helps us in many ways, including understanding what we are looking for in crypto.