After a recent radio interview, I received a phone call from a guy in brazil who said he had bought bitcoin for half a cent each.

Love Leo Laporte.... but OnlyOneTV plans to be much larger that TWiT.  

Someone proposed an idea to me today.  The idea was intended as a way to solve the problem of the volatile value of a bitcoin ...for merchants who just want a US dollar. The idea is a Bitdollar.  A new separate network, forked off of the Bitcoin code... but one where the value is locked in and tied to the USD.  

I see lots of problems with this idea.  What about you?   Thoughts about this idea?