The problem is what are the actual dollars you are going to use to buy back the devdollars?

I have seen a number of schemes whereby they attempt to use their coin as collateral to somehow create supposed stablecoins, but they are not really anywhere near as stable as their whitepapers make them sound.

I still think what we need to do is keep building the buy sides as strong as possible, the approach I have described before has worked over and over and over again not only tending the value up and up and up but also yielding more and more of the coin back again to bury in the backyard or wherever; that is, it takes more and more of the coin out of circulation while growing the value per coin of those still piled up on the exchages as huge buy side and sell side columns of offers.

Unless you are going to have an actual "treasury" of dollars with which to "back" coins as dollar-tokens it is hard to really assert your coin is fixed at a dollar, but you can always keep building the buy-side stronger (denser) than the sell-side and strive toward eventually having a buy-side large enough and deep enough that all the outstanding coins (those not yet buried in the back yard as it were) can eventually be sold to it.

Also your idea seems to isolate DeVCoin, trying to have it stand alone instead of being a part of a rich tapestry of inter-related assets that all support one another and provide a hopefully ever-growing number of routes out to fiat or other various economies (though mostly fiat, realistically, since most users do tend to be from "the planet known as Earth" so have that bias of in the long run tending to want to ship their gains back to Earth).

If you want to have dollars why not simply use one of the actually-backed-by-real-dollars stablecoins as the dollar side and build up your buy-side of those stronger and stronger until you can buy back all outstanding DeVCoins with those at whatever dollar value per DeVCoin you are targetting or are able to actually achieve given the size of your dollars buy-side column of offers?

Right now we are having a snag in building up our buy-side due to DVC being paired against bitcoin; however we have several other coins, and not only ones that are mined right alongside DeVCoins, in which it is still reasonable and feasible to build up their buy-sides, which to my mind shows one of the strengths of using many coins. When one or more of them, in this case DeVCoin, hits a snag due to the vagaries of "exchanges", no problem we can simply continue along by using any or all of our other coins that are also on exchanges.

That is also why I have all along suggested that the other coins should be among the free open source projects that we support. We should be trying to keep them all up to date and keep them all having enough nodes to function and so on. We should not be competing against our other coins but, rather, co-operating with them.

-MarkM-