RE: Why I'll Sell Bitcoin if it Reaches $17,000 Soon

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Why I'll Sell Bitcoin if it Reaches $17,000 Soon

in bitcoin •  7 years ago 

What are your thoughts on creating a coin that's stable in value (max prices swings of like 5% either way), but still decentralized? It would seem with all these "smart" contract tokens, there would be someone who figured out how to create a stable coin, without having it to be centralized (like Tether)

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Well the real world shows us how difficult it is to create a pegged currency, so it's not really a programming problem as much as it is an economics problem.

couldn't we peg it to the number of people on earth?