Traditionally gold was not a good currency as it was deflationary and it encouraged people to hoard it.
Money is the life blood of an economy the more it circulates the better
RE: Adaptive Emission: Making Blockchain Economy Real
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Adaptive Emission: Making Blockchain Economy Real
stable coin approach such as dai project appears to be very interesting . I think there will be an healthy competition between a lot of stable coin that will be good for the overall ecosystem, we need storage value , dapps protocol platform and stable coin in order for the economy to.blossom in the crypto world.
there won t be one coin which will be able to do all that by itself, I believe that inter operability between dapps ( Neo,eos, ven, eth...), storage value coin ( btc, ltc ,..) and stable coin ( dai, tether, ...) , payment ssystems ( lumens , omisego ..) will be the way this economy will grow.
let Free competition select the best systems !
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Yes, coins in crypto economy will perform different function.
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Quite true.
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@safetony, it's a good point. None of the assets (gold, commodity, property, stocks, crypto) are a good currency because of their deflationary nature
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