Post
Topic
Board Press
Re: [2014-07-09] Have Brock Pierce and Realcoin copied Coinaaa?
by
cr1776
on 09/07/2014, 11:13:55 UTC
"stable and secure currency with little to no volatility"

Stable?  How is a currency that is continually losing value "stable"?  Anything backed by fiat is not stable when fiat is actively debased.

Second, sure, if I price a banana in bananas, then I can always buy one banana for one banana and it gives perfectly zero volatility.  They have no volatility in Krone terms because it is priced in Krone.  Ditto for Realcoin except in dollars.

Combining fiat currency with crypocurrency is the height of stupidity, you get the worst of both worlds.