Quote from: CryptoSable on Today at 05:50:39 AM

Food price keeps increasing because of econimic crisis and inflation under different circumstances.
I still cannot figure out the point of pegging Bitcoin to food. What problem can it solve?

For that same reason. The wants to open a position to long Bitcoin in case it was pegged to food since as you already pointed lut, Food price is keeps increasing due to inflation. This is a very greedy idea and funny at the same time whoch only moonbois can understand. But if ever this wild idea will be implemented on different coins. The problem will be the funds that will be used to pegged the price on food so that it will keep synchronize on thesteady price increased.