Quote from: Coinaaa on July 09, 2014, 11:29:38 AM

Quote from: cr1776 on July 09, 2014, 11:13:55 AM

"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.

Have you read our information at Coinaaa.com? Coinaaa is a non-inflationary currency. Not sure where you get your info from. It does not lose value, the nominal value will increase over time, the real value will most likely stay the same. https://coinaaa.com/

I got the information from the press release (which shouldn't be in this section anyway since it is not "notable" by any stretch) where it says "currently backed in NOK (Norwegian Krone)". That states that it backed by fiat currency. Have you read your own press release? Most disturbing of all is the part where it says "This gives us full control over Coinaaa, and we can implement any changes that we want if we have to".

Talk about a major fail: You have it backed by fiat, but claim it is not inflationary; You have a company that has "full control over Coinaaa" which means the only stability is based on someone's word, not even an elected official, but some random person, not math and the protocol like bitcoin.