Post
Topic
Board Altcoin Discussion
Topic OP
MAYBE WE DON'T NEED FIAT ANYMORE
by
12Lc7Wxjtpe
on 04/07/2014, 19:11:02 UTC
Would it help if we had a cryptocurrency that is pegged
to fiat? For instance 1 coin is 1 euro. Obviously the
advantage of this is that merchant don't have to
immediately convert their cryptocurrency to fiat, sucha
coin could also substitute usage of a bank for some people.

We premined a coin, with this goal, but unfortunately
nobody is making use of the coin, because people assume that
if you hold sucha coin and people fall for this idea, your super
rich. You can buy the coin in a webstore on the bases of 1 coin
is 1 euro. This is not the ideal set up, because we hold the coin,
but to really give it the value of the euro, you got to have the
euro's in return for the coin.

What we wanted to accomplish with our coin, was to make it
unnecessary to change to fiat. Please provide feedback