Post
Topic
Board Altcoin Discussion
Topic OP
USD Alternative stablecoin that saves you from inflation?
by
MrSolo
on 24/05/2022, 14:33:52 UTC
Hello,

This is only a discussion and an idea i had about a stablecoin that could be better than USDT, USDC, BUSD and the concepts are:

- The coin is pegged to Gold & Silver and all assets that go against inflation.
- The coin would work similarly to how USD worked before Nixon ended USD Exchangability to Gold.
- The price of the stablecoin is not pegged to the USD but it goes up against the inflation either by pegging it to the purchase power of 1971 so you will be buying it at 6.66$ per coin as 1$ in 1971 is 6.66$ now,
OR we start from now so it starts at 1$ and it's value will go up with time and every year as per inflation rate.

This is simply my idea and i would love to hear your opinions, i'm in no way making this but asking it how it would work if we wanted to make something like that?