Anchor tokens will preserve their purchasing power over time and will offer the holders several pathways into the world of blockchain payments for goods and services.
As you probably already know there are already several stablecoin projects around, and hundreds in preparation. Below are some advantages Anchor has over existing competitors:
The first big advantage is that the algorithmic economics mechanism makes Anchor more independent of market trends.
Anchor token has a safety net that ensures stability by leveraging six different mechanisms, making it stable in all predictable economic eventualities, such as global recessions.
Anchor token features a number of incentives for buyers. For example, buyers of Dock tokens (Anchors utility token that helps stabilize the system) will receive a preferential rate when they choose to convert back to Anchor tokens in the future. And, more importantly, the entire system is pegged to a reference unit that slowly appreciates over time.
When the time comes and the Facebook project is launched, how serious competition arises between Libra and Anchor? It seems to me that only the strongest will survive in this market.
I think is too early to talk about the Libra coin for it still not certain if the law maker and the governments will allow the creation of the coin cause I just learn that the coin association was probe today by the
EU antitrust regulators. Besides, the statement made by
the U.S. Secretary of State (Pompeo) clearly shows that if the Libra team don't comply with the regulation provided for them then we have to forget about the project.
I don't see anything special about the anchor or libra for bitcoin is the right people should accumulate now cause sooner or later we'll receive the total 21 million coins.