Re: Hayek Money: The Cryptocurrency Price Stability Solution
by
true-asset
on 09/08/2014, 07:58:16 UTC
Mr Ferdinando M. Ametrano
Around the same time that you released the first draft of this paper, we launched URO, a long term currency pegged to urea (1 URO == 1 metric tonne of urea).
Urea is a commodity that predominately costs energy to produce, and is consistently demanded by global food production as the most used fertilizer.
We would be most gracious if you could comment on your thoughts regarding the economics of URO.