Quote from: HouseStark on May 18, 2019, 01:02:39 PM

Quote from: Monetran on May 18, 2019, 11:49:26 AM

Our method not only gives our token price stability, it enables the token to serve as a real store of value because it will gradually increase over time.

Haha...but you said anything subject to monetary inflation can't be stable but here you're saying it shall gradually increase overtime? lol...you know one reality? Money itself isn't stable and so anything having monetary qualities can't be "absolutely" stable. And that's why we have not found yet a stablecoin with absolutely fixed peg rate- it's actually, statistically, mathematically and evidentially not possible hehee...so don't bluff lol, just build your platform!! (my advise).

Don't know what gave you the idea I said that but, of course, I didn't. What I said was "Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation."

Moneda isn't "pegged" to anything. It is backed by U.S. government securities. These securities yield interest which will... and this is important.... which will ALWAYS beat the purchasing power of fiat currency. Why? because in times of inflation, fiat will lose purchasing power. In times of significant inflation, both fiat currencies and T-bills may lose purchasing power, however, fiat will ALWAYS lose more. Under normal circumstances, the interest on T-bills will keep up with, if not exceed, the rate of inflation. This is what makes Moneda "a store of value." USD and coins pegged to them, will always lose purchasing power over time. They can only serve as a store of value for short periods of time.

I also don't know what your definition of "absolutely stable" is, but for purposes of accepting payment for goods and services, Moneda is more stable than any other medium of exchange.

If you want to dispute this, read the Monetran white paper and our information on the StartEngine site. Then show us where we went wrong.