Quote from: 12Lc7Wxjtpe on July 04, 2014, 07:11:02 PM

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

But there is already a crypto that is pegged to fiat!
Introducing..... Major Piece coin.

Quote from: MajorPiece on February 05, 2014, 05:39:05 AM

The first alt-coin of its kind to retain the value of a major world currency * 1 Major Piece = 1 Euro * Release date: 3/01/14

Sadly, the coin died a few weeks after launch due to natural causes.
Our thoughts and prayers go out to its family and friends.