Post
Topic
Board Press
Re: [2014-07-09] Have Brock Pierce and Realcoin copied Coinaaa?
by
Lethn
on 09/07/2014, 21:37:11 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.

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/

Have you listened to yourself? You can't artificially increase 'value' or price over time unless you're controlling the whole market and fixing prices, prices are affected by the the amount of money in circulation and the total supply of money, you sound suspiciously like a neo-keynesian economist and you're overcomplicating something that is actually pretty simple.

I'm also not about to trust a coin developer that hasn't listed the total supply of coins and how many dollars will be flooding the market, it all stinks of a con and so does the coin being promoted on this thread.