StackSats.IO's avatar
StackSats.IO StackSatsIO@nostr.com.au 1 year ago
No, there is a massive advantage - it stops BRICS and keeps USD on life support as a global reserve. Every nation in the USD trading sphere will want the limited amount of corn because they can’t print USD and will need it for international trade and/or fiat sovereign bonds.
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Bitcoin Samurai's avatar
Bitcoin Samurai 1 year ago
When you say the currency would be pegged to bitcoin, the currency would also be pegged to other assets and performance too? Then I could understand, else it would be a one-to-one relation with bitcoin like it once was like with gold. It worked with gold because fiat is easier to carry and divide.
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