Post
Topic
Board Economics
Re: Would you like to become a co-owner of a world bank?
by
VictorProsh
on 01/06/2022, 23:10:56 UTC
What is the main problem you want to solve with this? What makes you think more problems won't be created trying to solve the problem.

Do you have examples of assets that do not or will not lose value?

Your idea is very interesting though

Good question.
In my opinion, the main problem is that everyone is trying to solve the new decentralized financial system within the framework of the old proven monetary system. This mistake is made by everyone who is trying to come up with another stable coin by tying it to the dollar or another Fiat. Satoshi proposed another solution for the development of a new decentralized economy and everyone together undertook to link Bitcoin to the Dollar, everyone began to print their own stable coins without understanding the basics of the value of decentralized finance, this is the same as the treasury began to print dollar No. 1, No. 2, No. 3, etc. as much as necessary and we will do.
I solved this problem with my project by creating an example of an asset that under no circumstances can be devalued because it is not tied to Fiat, which means it cannot be reset.

Give me some time to go through your work and understand exactly what it's about.
Are you a programmer?
My project was developed to show that you don't need to reinvent the wheel, you just need to look at the problem from the other side. Why does ETH have unlimited volatility, what does it depend on and is it possible to manage it? Yes, it is possible, you just need to create conditions under which it will be beneficial for everyone to participate in the management of this. Management consists in creating the liquidity of the ETH and creating its deficit, as does the "Office of the Comptroller of the Currency of the United States (OCC)". This role is played by a smart contract. It rewards those who agree to participate in the management. It would seem that everyone can agree and lock their financial asset ETN in their stockings for a while and stop financial activity, but this is nonsense, no one will go for it, what's the point? So my project allows you to do this not just to lock up the ETH, but to make it very profitable for everyone at the same time, without stopping financial activity. By placing ETH in a deposit on your account, you receive its financial equivalent, which you can sell, mortgage or reverse at any time, which is beneficial primarily for you, and at the same time, the ETH equivalent can only grow in price and cannot depreciate under any circumstances.