Post
Topic
Board Announcements (Altcoins)
Re: BiblePay 🕇 Sanctuary Governance 🕇 CPU only 🕇 Help cure disease 🕇 10% Charity
by
capulo
on 30/08/2018, 12:46:13 UTC

Stable coins such as Tether, TrueUSD, or DAI already exist that are pegged to fiat (USD, US dollar):
https://www.cryptomorrow.com/2018/05/24/stable-coin-cryptocurrencies/

If you want to preserve your BBP value, trade it for BTC then take it out in fiat or a stable coin.

I don't see the point in BBPD when solutions already exist.

Wasting dev time, reinventing the wheel... for what?

i think the idea was burning coins = so they will not be traded in exchanges
but we can burn them in many other ways, just create some bonus system - it will be like game Smiley, burn 10k bpp and you will get some bonus (maybe bonus rac) in next payment. if everybody burns, then nobody will get more like normal, so gamble Smiley
or create lottery Smiley, buy ticket for burned bbp and win in monthly payment or so Smiley