Post
Topic
Board Bitcoin Discussion
Re: Dollar-Backed Digital Currency Aims to Fix Bitcoin’s Volatility Dilemma
by
leopard2
on 09/07/2014, 20:46:15 UTC
1. Realcoin is tied to the dollar, absolutely no profit can be made by investing in it.
2. It is 100% vulnerable because it can be attacked by the government anytime in which case it will drop to zero. This also means that it will be very tightly regulated.
3. Is it a good onramp and offramp? Maybe, but holding Realcoins is a no-go when there is a potential 0% profit vs 100% loss